Category: Uncategorized
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Daily Update: Indian Semis Trade Slowdown
In the week opening, Indian semis offers witness fall of INR 100-300/MT in both Sponge iron & billet. During the day, trade activities were silent over festive mood in the major markets specifically in Eastern region. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 31,400-34,800/MT (USD 492-546) ex-plant. Further…