Author: Rounak Gairarey
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Daily Update: Indian Steel Market 27 Feb’20
Indian Semi finished steel prices fall marginally by INR 100-300/MT today on limited inquiries from the local mills. In context to Finished long (Rebar), prices marginally fluctuated by INR 100-200/MT in major locations. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 28,700-32,100/MT (USD 400-448) ex-plant. Further, the coal-based sponge…