Author: Rounak Gairarey
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Daily Update: Indian Steel Market 20 Feb’20
Indian secondary steel market reported mix trends where billet offers decline by INR 100-200/MT, while sponge iron prices surge by INR 100-300/MT in major markets on day trade activities. In context to finished long (Rebar), prices marginally fluctuated by INR 100-200/MT in major locations on average trade activities. SteelMint’s latest price assessment for induction furnaces…