Category: Uncategorized
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Indian Induction Furnaces Resume Billet Exports on Improved Demand
Indian billet (induction route) exporters turn active on improved demand from South East Asian mills. SteelMint learned that one deal of around 10,000 MT billet from West India based mill has been reported at around USD 520-525/MT, CFR Indonesia. — Depreciating Indian rupee against USD is also supporting exports. Indian Rupee has -depreciated by 0.5%…