Author: Sagar
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Weekly round-up: Domestic billet prices drop, IF-route longs volatile in week 32
Semi finished Domestic billet offers, on a weekly basis, fell sharply by INR 100-1,100/tonne (t) across regions and the major fall in prices was reported from northern India (Mandi Gobindgarh) by INR 1,100/t. The sponge iron market observed volatility in prices by INR 100-400/t on fluctuating demand. Tata Metaliks raised foundry grade pig iron prices…