Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Indian Billet & Sponge market observed price rise by INR 100-500/MT on improved inquiries. During the day, major price rise were seen in Raipur & Hyderabad by INR 300-500/MT with strong trade activities. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 27,700-30,800/MT (USD 430-478) ex-plant. Further the coal based…