Author: Rounak Gairarey
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Daily Update: Indian Steel Market 14 Oct’19
Indian induction grade billet prices slightly incline by INR 100-300/MT today amid improved inquiries. As per producers, spot trades better with increase in price range. Meanwhile, sponge iron & rebar prices marginally fluctuated by INR 100-300/MT D-o-D in major locations. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,700-28,800/MT…