Author: Rounak Gairarey

Indian Semis prices remains volatile on subdued trade inquiries. As per SteelMint assessment the prices of billet have fluctuated by INR 100-300/MT, while sponge offers rise by INR 100-500/MT D-o-D. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 36,400-39,000/MT (USD 506-543) ex-plant. Further, the coal based sponge (78-80 FeM)…