Author: Sagar
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Weekly: Indian steel market snapshot
Spot steel trades in India’s secondary market remained supportive during week 52 & the prices rallied further on strengthening steel prices globally. According to SteelMint’s assessment, sponge prices marginally fluctuated by INR 100-400/t due to improved supply, while billet prices rallied by INR 300-900/t on account of strong demand, supported by further surge in prices…