Author: Sagar
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Weekly round-up: Indian steel market sees downtrend
As per SteelMint’s assessment in the 21st week, domestic sponge iron offers fell sharply by INR 500-1,900/t in major locations. Similarly, billet prices also dropped by up to INR 2,500/t across India. Meanwhile, the rebar market has witnessed limited trade activities due to weak demand., Also, rising stock of finished steel compelled mill owners to…