Author: Rounak Gairarey
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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…