Author: Rounak Gairarey

Indian Semis prices fall over weak trade inquiries at high offers. As per SteelMint assessment the prices of Billet have declined by INR 100-500/MT & Sponge iron about INR 100-200/MT, day-on-day basis. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 33,700-37,300/MT (USD 482-534) ex-plant. Further, the coal based sponge…