Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Today, Indian Semi finished offers fall slightly over thin trade activities, prices declined by INR 100-300/MT of both Sponge iron & Billets, day-on-day. As per Industry participants demand for finished steel products remained weak, resulting limited inquiries for Semis products. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 35,500-40,200/MT…