Author: Aditi Raj

Week 38 concluded with volatility in Indian semis market. Across major markets, sponge iron prices fluctuated by INR 100-300/MT and MS billet prices saw major changes by INR 400-600/MT. However, pig iron prices rose INR 300-500/MT this week looking at price rise of INR 600/MT by a primary manufacturer (NINL) during last week. Week 38…