Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Today, Indian Semi finished offers rise by INR 100-300/MT, in major markets except in Southern region, where billet prices decline again by INR 200-500/MT on low trade activities. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 32,400-36,600/MT (USD 500-565) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price…