Author: Rounak Gairarey

  • Daily Update: Indian Semis Offers Decline

    Daily Update: Indian Semis Offers Decline

    Indian Semi-finished steel offers decline further over slow-down in demand, Sponge iron offers fall by INR 100-200/MT & Billet by INR 100-600/MT D-o-D. Major fall seen in billet by INR 600/MT in Jalna, Maharashtra west India over low inquiries. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 36,250-39,800/MT (USD…