Author: Rounak Gairarey
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Indian steel market update- 10 June’20
Indian rebar prices fell sharply by INR 200-800/MT D-o-D with major drop of INR 500-800/MT seen in central & eastern regions due to limited future orders and spot bookings, as reported by trade associates. Following the sharp corrections in rebar price, billet prices plunged by INR 100-400/MT, in which major decline was noticed in north-east…