Author: Abhishek Bhalla
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Daily Update: Indian Sponge & Billet Prices Decline on Demand Concern
Indian Steel prices slightly fell due to limited spot trades amid average supply through the mid sized mills. Participants reported less inquiries from the re-rollers end resulted gradual decline in Billet & Sponge iron prices by INR 100-300/MT day on day in major markets. In line Finished products, Rebar prices slip by INR 200/MT. Meanwhile…