Author: Rounak Gairarey

Today, Indian steel market reported volatility in prices amid subdued trade activities. As per assessment the Billet prices fluctuated by INR 100-500/MT & Sponge iron by about INR 100-200/MT, day-on-day. The participants reported, trade inquiries have improved today compared from last few days. They further mentioned, Semis prices are less likely to fall sharply either…