Author: Rounak Gairarey

Indian Billet & Sponge iron prices remain slightly fluctuates by INR 100-200/MT day-on-day over limited inquiries with the producers. The market participants also stated that, due to volatility in prices, the buyers are cautious for fresh bulk bookings. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 34,500-38,100/MT (USD 507-560)…