Author: Rounak Gairarey

Indian steel prices remain strong following improved demand and high cost raw materials. As per daily assessment, the Sponge iron prices surge by INR 100-300/MT, while Billet & Rebar prices increased by INR 100-500/MT in major markets. The participants stated that, the production cost of ingot/billet manufacturers in Punjab (northern India) to move up by INR…