Author: Rounak Gairarey
-

Daily Update: Indian Sponge & Billet Market
Today Indian Sponge & Billet prices marginally fluctuates by INR 100/MT amid average trade activities. The standalone Billet producers in Central, East & West regions also reported usual bookings hence maintained offers firm. SteelMint’s latest price assessment for induction furnaces Billet in Indian market stood at INR 36,000-39,700/MT (USD 534-589) ex-plant. Further, the coal based…