Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian Semis prices volatile during the day on subdued trade inquiries. As per SteelMint assessment the prices of Billet have increased by INR 100-300/MT while sponge prices fell slightly by INR 100-200/MT in Central India, day-on-day. The market participants stated, shortage of ready delivery materials (billet & rebars) have supported prices, however the trade volume…