Author: Abhishek Bhalla

Indian Sponge & Billet offers today remain slightly increase by INR 100-300/MT following active trade activities in the domestic market. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 26,600-28,500/MT (USD 412-441) ex-plant. And the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 17,200-18,200/MT (USD 267-282). The…