Tag: Semi Finish Weekly Updates

Domestic semi finish market remained under pressure in week 12 as prices dipped by INR 500-1,600/MT within a week. MS billet prices slumped by INR 900-1,600/MT and sponge by *INR 500-600/MT across major regions. The prime factors of such steep fall in prices are week long low rebar sales and increase in billet supply as…