Author: Kameshwar Rao
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Sponge iron prices soften but finished steel demand resilient in south India
Sponge iron prices in Bellary ease on cautious buying Mild steel billet prices remain stable w-o-w in Chennai South India is a key hub of steel manufacturing in India, with an installed production capacity of around 45 million tonnes (mnt), accounting for nearly 20% of the country’s total steel production capacity. The region hosts a…