Author: Rounak Gairarey
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Indian steel market update- 29 June’20
Indian sponge iron & billet prices fell marginally by INR 100-200/t, while rebar prices decreased by INR 100-300/t, d-o-d basis in major locations. Sources mentioned that due to falling spot trades, slight price corrections were noticed, however standalone sponge iron & billet producers in central & eastern India reported to have sufficient orders in hand.…