Author: Rounak Gairarey

Indian spot steel trade activities remains low as finished steel inventories observed more than the average basis with the mid sized mills. Participants being reported, limited inquiries from the local re-rollers for Billet & Sponge iron. On daily assessment, the Rebar, Billet & Sponge iron prices fluctuated by INR 100-300/MT in major markets. Market expects,…