Tag: low production
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India: Semi Finish Prices rally continue as this month prices up by 2.5 – 5%
Seasonal demand pushes MS Billet prices up by INR 700-1,400/MT owing to lower production. MS Billet prices improved upto 1,400/MT in M-o-M basis. Prices have improved continuously owing to low production of MS Ingot/Billet and improved buying of finish Steel. In domestic (India) Re-bar prices have witnessed a hike in the range of INR 900-1,500/MT…