Author: Rounak Gairarey

Indian Billet and Sponge iron prices slightly fluctuates by INR 100-200/MT on daily analysis amid no major trade activities in spot market. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 34,000-38,000/MT (USD 494-553) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 19,100-22,000/MT (USD…