Category: Uncategorized
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Daily Update: Indian Semis Trade Improves
In the week opening, domestic Semi finished prices rise further on improved demand. The price rise seen in Sponge iron by INR 100-400/MT & Billet by INR 100-600/MT day on day. SteelMint’s price assessment for induction furnaces billet size 125×125 mm are reported at INR 31,500-35,500/MT (USD 490-552) ex-plant. Further the coal based sponge (78-80…