Author: Abhishek Bhalla

The prices of Billet & Sponge today further slightly decline by INR 50-200/MT. The manufacturers continue to face low demand over festive season which has led to significant price fall. For the day, SteelMint’s price assessment for induction furnaces billet size 125×125 mm are reported at INR 25,400-27,500/MT (USD 388-420). While, 78-80 FeM sponge C-DRI…