Author: Rounak Gairarey
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Daily Update: Indian Semis Market Shows Mix Trend
Today, Billet prices in South India declined upto INR 500/MT (USD 8), while in rest of markets the prices of both Sponge iron & Billet fluctuated by INR 100-300/MT. The trade activities reported subdued by the market participants. SteelMint’s price assessment for induction furnaces billet size 125×125 mm are stood at INR 32,000-36,000/MT (USD 492-553)…