Author: Rounak Gairarey
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Daily Update: Indian Steel Market 11 Nov’19
India’s Semi – finished steel prices increased following improved demand from the local mills amid increased raw material offers. Today the prices surge near to INR 100-500/MT (upto USD 7). SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 26,200-29,800/MT (USD 365-416) ex-plant. Further, the coal based sponge (78-80 FeM)…