Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian Semis prices today observed slight down trend after the constant rise. As per assessment, the Billet prices declined by INR 200-700/MT (USD 3-9) & Sponge iron by INR 100-400/MT in Central & East regions. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 35,100-38,100/MT (USD 497-540) ex-plant. Further, the…