Author: Abhishek Bhalla

  • Daily Update: Indian Sponge & Billet Market

    Daily Update: Indian Sponge & Billet Market

    Indian Semi-finished offers fluctuated by INR 100-300/MT D-o-D across major markets except in West India where prices remain rallied by INR 200-500/MT following strong demand, according to the trade participants. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 27,100-30,500/MT (USD 420-473) ex-plant. Further the coal based sponge (78-80 FeM)…