Author: Rounak Gairarey
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Indian Steel Market Update- 12 May’20
Indian Semis steel prices fall further on account of improved supply and low demand. The sponge iron offers declined by INR 100-300/MT & billet by INR 200-400/MT D-o-D in major markets. In context to finished long (Rebar), prices marginally fluctuated by INR 100-200/MT in major locations on average trade activities. SteelMint’s price assessment for induction…