Author: Rounak Gairarey

Indian spot steel trades was limited today owing to holiday mood in the major markets. As per assessment, the prices of Billet & Sponge iron have slightly gain by INR 100-200/MT, day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 33,000-36,900/MT (USD 452-505) ex-plant. Further, the coal based sponge…