Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
On daily analysis, domestic Billet prices have increased in Central & West India by INR 200-400/MT (USD 3-6), however in rest of markets it remain unaltered. Further, the sponge iron prices slightly fluctuated by INR 100/MT day-on-day amid average inquiries. The price assessment for induction furnaces billet size 125×125 mm are stood at INR 32,100-36,400/MT…