Author: Rounak Gairarey

  • Daily Update: Indian Semis Offers Decline Marginally

    Daily Update: Indian Semis Offers Decline Marginally

    Indian Semi finished steel offers fell slightly – Sponge iron by INR 100-200/MT & Billet by INR 100-300/MT. As per market participants, the marginal decline in prices is on account of limited inquiries. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 30,800-34,900/MT (USD 435-493) ex-plant. Further, the coal based…