Author: Rounak Gairarey

Indian Semis manufacturers have further increased prices for Billet by INR 300-1,000/MT (USD 4-15) & Sponge iron by INR 300-600/MT (USD 4-9), day-on-day. As per standalone Billet producers, inquiries from local market improved, also as the margins are low, the prices of Billet have raised sharply. Meanwhile the Industry participants stated, demand for finished products…