Author: Rounak Gairarey

Indian Semi-finished steel prices rise marginally amid average trade activities and as per assessment the domestic Billet prices increase by INR 100-400/MT & Sponge iron by INR 100-300/MT, day-on-day. The Industry participants are assuming, Indian Semis prices are likely to remain fluctuate due to subdued demand & low conversion spread (margins) of Ingot/Billet manufacturers. SteelMint’s…