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Daily Update: Indian Semis Market Shows Mix Trend
Today, Domestic Sponge iron offers fluctuated by INR 100-200/MT. However, Billet offers increase further by INR 200-400/MT (USD 3-6) amid mix trade sentiments. The market participants are mentioned that, there are limited inventories with the producers and are receiving good inquiries at current offer prices of Semis & long products. SteelMint’s price assessments for induction…