Tag: MS Ingot
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India: Increased Ingot/Billet Supply support Sponge Iron Offers
In a month’s time most of the Sponge market has seen an increase of about INR 500-600/MT. Whereas, in Durgapur Sponge prices have shot up by INR 1,000-1,500/MT. SteelMint on assessing the market has found that following are the reasons behind the Price Hike: Buying improved in other states: Increase Re-bar buying from last month…