Author: Rounak Gairarey
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Daily Update: Indian Sponge & Billet Market
Indian Semis prices remains volatile on subdued trade inquiries. As per SteelMint assessment the prices of Billet & Sponge iron have fluctuated by INR 100-300/MT D-o-D. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 34,900-39,000/MT (USD 513-574) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was…