Author: Rounak Gairarey
-

Daily Update: Indian Sponge & Billet Market
Indian domestic Sponge & Billet prices has made further corrections over less trade activities. The prices have registered fall of – Billet by INR 200-800/MT (USD 3-12) & Sponge iron by INR 100-200/MT, as per SteelMint’s daily assessment. Industry experts believed, local billet prices to find stability as conversion spread (margins) stood low at around…