Author: Rounak Gairarey

Indian Billet prices remain slightly fluctuates by INR 100-200/MT on average trade activities. However improved supply & bearish demand leads to price fall in Sponge iron by INR 100-300/MT, day-on-day. As per sources report, today the production of Ingot/Billet in Punjipathra (Raigarh), Central India has decreased by about 40-50% due to temporary reduction in power…