Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Indian Semi-finished offers rise further on daily basis, Sponge iron by INR 200-400/MT & Billet by INR 200-500/MT. The domestic trade activities continue to remain strong with increase prices, the market participants stated. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 28,900-32,700/MT (USD 449-508) ex-plant. Further, the coal based…