Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline
The Indian Semis manufacturers in major markets stated decline in spot trade volumes as the inquiries was limited. As per SteelMint’s daily assessment, Billet prices have declined by INR 100-500/MT, although slight price fluctuation have been noticed in Sponge iron by INR 100-200/MT. As per participants, the re-rollers are cautious for fresh purchases due to…