Author: Rounak Gairarey
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Daily Update: Indian Steel Market 6 Jan’20
Indian steel prices drop on account of limited spot trades with the mid sized mills. On daily assessment, the Rebar & Billet prices plunged by INR 100-600/MT & Sponge iron by INR 100-200/MT. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 29,700-32,800/MT (USD 412-456) ex-plant. Further, the coal based…