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Daily Update: Indian Sponge & Billet Market
Indian Sponge & Billet prices remain on downtrend on 19th January. The prices have registered fall of INR 100-500/MT (USD 1-8) for both Sponge iron & Billet. According to market participants, limited inquiries resulting continues price decline in the domestic market. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR…