Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Indian Sponge & Billet prices remain slightly fluctuated by INR 100-300/MT, according to SteelMint’s daily price assessment. The market participants reported subdued demand in the local market. Today, the price assessment for induction furnaces billet (size 125×125 mm) are stood at INR 31,400-35,400/MT (USD 494-557) and the coal based sponge (78-80 FeM) C-DRI prices hovering…