Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Spot steel trades improved gradually today and the prices recovered in major markets. Towards the beginning of day, the prices fell by INR 200-300/MT, although by the end of day it moved up by INR 300-500/MT in major markets. Participants believe trades to further find support in near term as major industrialists are engaged in…