Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian Semi finished offers decline in a day trade activities; Billet by INR 300-600/MT (USD 4-9) & Sponge iron by INR 100-200/MT. As per participants, presently there are mismatched trends in the market as supply of Semis & Long products improved, while inquiries are limited. SteelMint’s latest price assessment for induction furnaces billet in Indian…