Author: Rounak Gairarey

  • Daily Update: Indian Semis Offers Decline Further

    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…