Author: Rounak Gairarey
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Indian Steel Market Update- 13 May’20
Spot billet & rebar prices slightly up by INR 100-300/MT in central & eastern regions, while fall of INR 200-500/MT assessed in southern India. In context to sponge iron, prices fluctuated by INR 100-200/MT in major markets, on day trade activities. SteelMint’s price assessment for induction furnaces billet in Indian market stood at INR 25,700-29,400/MT…