Author: Rounak Gairarey
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Daily Update: Indian Steel Market 25 Feb’20
Indian sponge iron, billet & rebar prices remained volatile by INR 100-300/MT in major locations on account subdued demand & sufficient supply. However in Maharashtra (western India) rebar prices climbed by INR 500-700/MT today to match price range from different regions on account of recent change in gauge parity, which has also supported billet price…