Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline
Today, Indian Sponge iron prices marginally fluctuates by INR 100/MT amid average inquiries. However, thin trades in finished long steel products resulted price corrections in Billet by INR 100-300/MT, day-on-day. The re-rollers in major markets reported slow down in domestic inquiries, thus they have postponed bulk bookings for raw materials. SteelMint’s latest price assessment for…