Tag: semi finish price updates
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Indian Semis Market Witnesses Sharp Recovery in Week 5
Week 5 concluded with a recovery note as semi finish prices across major markets increased steeply by INR 400-2,500/MT. Amid imposition of MIP on certain steel products, billet prices surged by INR 400-2,100/MT and sponge by INR 800-2,500/MT this week. Central Indian market reported major hike in both sponge (+2,850; 82 FeM) and billet (+1,900),…