Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Further
Indian spot steel prices slump further on limited trade activities and as per daily assessment the prices drop by INR 100-400/MT with major fall of INR 300-400/MT (USD 4-6) in western region. In current circumstances supply is excess in merchant market, however demand continued weak in major markets. SteelMint’s latest price assessment for induction furnaces…