Category: Uncategorized
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Daily Update: Indian Semis Offer Slips
Indian Sponge iron & Billet offers fall by INR 200-500/MT (USD 3-8) day on day. The slower trade activities resulting further price corrections in domestic market. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 30,700-34,600/MT (USD 475-538) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was…