Author: Rounak Gairarey

Indian Steel prices marginally fluctuated by INR 100-200/MT today on average demand in major markets. The trade volumes remains less today over festive mood, as reported by participants. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 31,100-34,800/MT (USD 448-501) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price…