Author: Rounak Gairarey
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Daily Update: Indian Steel Market 11 Oct’19
Indian billet prices rebound by INR 100-400/MT (USD 1-6) today after a constant drop since few days. As per participants, following surge in northern India (Mandi Gobindgarh) ingot offers, the producers in remaining markets followed suit, however spot trades were not upto the mark. SteelMint’s latest price assessment for induction furnaces billet in Indian market…