Author: Rounak Gairarey

Indian Semi finished prices increase further over strong trade activities. As per SteelMint assessment, the prices surge for Sponge iron by INR 100-200/MT & Billet upto INR 500/MT day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 35,800-39,800/MT (USD 523-582) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI…