Author: Rounak Gairarey

  • Daily Update: Indian Semis Offers Decline Further

    Daily Update: Indian Semis Offers Decline Further

    Indian Semi-finished steel offers remain on down trend over thin trades, Sponge iron offers fall by INR 100-400/MT & Billet by INR 200-500/MT (USD 3-8) day-on-day. The manufacturers in major producing markets stated, limited trade inquires resulting significant fall in domestic prices. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at…