Author: Rounak Gairarey
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Daily Update: Indian Billet Prices Increase, supported by Sponge Market
Indian Billet prices increased sharply on day trade activities on improved domestic demand, with constant rise in sponge prices owing to seasonal supply crunch. The integrated plants in Raipur, who are selling Sponge iron more than 500 MT per day, reported healthy bookings with an increase in price today by INR 400-500/MT. Similar comments being…