Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Increase
Indian Semi-finished steel offers incline further due to increased inquiries, As per SteelMint assessment the prices of Sponge iron have increased by INR 100-300/MT and Billet upto INR 600/MT (USD 9) day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 34,800-38,700/MT (USD 513-571) ex-plant. Further, the coal based sponge…