Author: Abhishek Bhalla
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Daily Update: Indian Semis Offers Increase
Indian Sponge & Billet prices remain slightly increase today by INR 100-200/MT amid stagnant trade activities in domestic market, SteelMint learnt from trade participants. SteelMInt’s latest price assessment for induction furnaces billet in Indian market stood at INR 35,400-39,500/MT (USD 531-592) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR…