Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian steel prices remain slightly fluctuated by INR 100-200/MT in line with average trade inquiries, as reported by participants. Participants believed that, prices to remain volatile as liquidity crunch remain a major concern for bulk deals for inter or intra-states due to ongoing elections in the country. SteelMint’s latest price assessment for induction furnaces billet…