Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Today, domestic Semi-finished offers rise further over short supply amid positive sentiment, Sponge iron by INR 100-400/MT & Billet by INR 200-500/MT. The major price rise have seen in East & South India by INR 300-500/MT. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 26,800-29,900/MT (USD 415-464) ex-plant. Further…