Author: Rounak Gairarey

Indian Steel prices increase further on day trade activities on improved inquiries & short supply of Sponge iron. The prices of Billet & Sponge iron have increased about INR 200-500/MT (USD 3-7.5), day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 32,500-36,500/MT (USD 473-532) ex-plant. Further, the coal based…