Author: Rounak Gairarey

Indian Semi-finished steel offers further increased on active demand and as per assessment Billet prices moved up by INR 100-500/MT & Sponge iron by INR 100-300/MT day-on-day in across major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 35,600-39,300/MT (USD 523-578) ex-plant. Further, the coal based sponge (78-80…