Author: Rounak Gairarey
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Daily Update: Indian Steel Market 12 Dec’19
Indian steel prices marginally changed by INR 100/MT today on average trade activities. The market participants reported, trade activities remained subdued and buyers are waiting for clearer market direction, which is uncertain presently. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,500-28,900/MT (USD 359-408) ex-plant. Further, the coal based…