Author: Rounak Gairarey
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Indian steel market update- 9 June’20
Spot billet prices remained strong and increased by INR 200-300/MT across regions except in southern India, where the prices unchanged on day trade activities. Similarly rebar & sponge iron prices slightly fluctuated by INR 100-200/MT, day-on-day in major locations. As per trade sources, average inquiries resulted in slight change in offers since a few days, however…