Author: Rounak Gairarey

Today, Indian Semis prices increased marginally, Billet by INR 100-300/MT and Sponge iron by INR 100-200/MT amid steady demand. The producers in major markets stated, limited inventories as there was healthy bookings in last 3-4 days. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 32,700-36,400/MT (USD 476-531) ex-plant. Further,…