Author: Sagar
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Weekly: Indian steel market snapshot
Spot steel trades in India’s secondary market remained supportive during the week-49. As per SteelMint’s assessment, the prices of sponge iron & billet have increased by INR 200-1,700/t ,w-o-w, through the mid sized plants. Sponge prices increased majorly in south region & billet offers hike majorly in north, east and western markets. Also, rebar prices…