Author: Abhishek Rai
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India: Spot steel trade improves in West Bengal on softening offers
Induction furnace (IF) finished steel prices in Durgapur, West Bengal, saw a marginal fall today. However, with decline in offers, spot finished steel sales improved, SteelMint noted. Sponge iron and billet prices were more or less stable today and around 6,200 tonnes (t) of sponge P-DRI trade happened at INR 28,600-28,900/t and around 2,800 t…