Author: Sagar
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Weekly: Indian steel market snapshot
Indian spot steel trades in the secondary market remained supported during the week 44. As per SteelMint’s assessment, the semi finished market sentiments have improved as domestic sponge iron & billet offers increased by INR 200-1,000/t. Indian primary mills are likely to hike finished steel prices by INR 1,000-1,500/t for Nov. On the other hand,…