Weekly: Indian steel market snapshot
ABSTRACT
Indian spot steel trades in the secondary market remained slightly dull during week 48, however towards the weekend, the market registered a slight price recovery. As per SteelMint's assessment, this week prices of sponge iron, billet & rebar have fluctuated by INR 200-700/t, in which fall in price range was observed in central, east & northern regions, while the same hike has been observed in southern & western India.
Sharp hike in global scrap offers along
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