Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Today, domestic Semi finished prices moved downward on slowdown demand. The prices seen fall for both Sponge & Billet by INR 100-500/MT day on day. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 31,500-34,400/MT (USD 490-536) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at…