Author: Abhishek Bhalla
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Daily Update: Indian Sponge & Billet Market
Today, Indian Billet & Sponge market observed slight price corrections by INR 100-200/MT in major markets except in South India, Hyderabad where billet prices slump by INR 500/MT (USD 8). Since couple of weeks there is constant fall in Indian steel prices due to domestic weak demand and lowering steel prices in the global market.…