Author: Rounak Gairarey

Indian steel market remain under pressure as prices continued down mode owing to lack of spot trades and as per daily assessment the prices dropped by INR 100-300/MT in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 27,600-31,200/MT (USD 397-450) ex-plant. Further, the coal based sponge (78-80…