Author: Rounak Gairarey
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Indian Steel Market Update- 20 May’20
Spot steel prices rebounded with improved buying inquiries after a slight correction yesterday. As per daily assessment, rebar prices surge by INR 100-400/MT, billet by INR 100-500/MT & sponge iron by INR 100-300/MT in major locations. The billet prices surged in central & eastern India by INR 300-500/MT & rebar prices in eastern India by…