Author: Abhishek Bhalla
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Daily Update: Indian Sponge & Billet Market
In the week opening, Indian Semi-finished offers decline by INR 100-600/MT on limited inquiries. During the day billet prices registered sharp fall by INR 100-600/MT and majorly in West India – Maharashtra & Gujarat by INR 400-600/MT. Meanwhile, sponge offers registered marginal decline of INR 100-200/MT. SteelMint’s price assessments for induction furnaces billet size 125×125…