Author: Rounak Gairarey

Indian Semis offers rise over increased demand amid rise in raw material prices, Sponge iron offers rise by INR 200-500/MT & Billet upto INR 700/MT D-o-D. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 33,600-37,300/MT (USD 480-533) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was…