Author: Rounak Gairarey

Indian Semi-finished steel offers decline further due to poor inquiries, Sponge iron offers down by INR 100-400/MT & Billet upto INR 500/MT (USD 7.5), day-on-day. The Industry participants mentioned that, trade activities remained weak and the buyers are waiting for clearer market direction. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood…