Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian Iron & Steel market remain supported on better demand as Billet & Sponge market registered price fluctuations of INR 100-300/MT on day trade activities. As per Industry sources, buyers are taking interest following strengthening prices. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 30,800-35,200/MT (USD 436-499) ex-plant. Further,…