Author: Rounak Gairarey
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Daily Update: Indian Billet Prices Hit 6-Month Low on Weak Demand
Indian Billet offers decline further and reached 6-month low due to seasonal weak demand. As per Industry participants, prices likely to remain under pressure over limited buying interest and improved supply. As per SteelMint’s daily assessment, the prices fall by INR 300-700/MT (USD 4-10). Similarly Sponge iron offers also started to fall and on daily…