Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Today, Indian Semi finished trades were subdued in which slight price fluctuation have noticed in Sponge iron by INR 100/MT & Billet by INR 100-300/MT in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 36,000-39,400/MT (USD 527-577) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price…