Author: Rounak Gairarey
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Daily Update: Indian Steel Market 9 Aug’19
Indian billet prices rebounded by INR 300-700/MT (USD 4-10) 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. Inline rebar prices increased marginally by INR 100-300/MT in major markets…