Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian Semis market remains volatile on day trade activities and the price fluctuation have seen by INR 100-300/MT in both Sponge iron & Billets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 34,600-38,000/MT (USD 511-562) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR…