Author: Rounak Gairarey

  • Daily Update: Indian Sponge & Billet Market

    Daily Update: Indian Sponge & Billet Market

    Today, Indian Semi finished prices increase marginally on improved inquiries and the price rise seen in Sponge iron by INR 100-200/MT & Billet by INR 200-500/MT. The market participants stated that “spot trade volume remained average, however slight rise in inquiries led to support prices”. SteelMint’s latest price assessment for induction furnaces billet in Indian market…