Tag: MS Ingot
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North India buying Options limited to Central & East
Brokers & Manufacturers anticipate that there is limited probability for market to slope down as no correction is seen in Sponge prices. Across India, Sponge iron prices remain stable at INR 21,000-24,000/MT. North India based semi finish (Ingot/Billet) manufacturers have scaled down the production continuously owing to scarcity of Scrap and low profit margin in…