Author: Rounak Gairarey

  • Daily Update: Indian Sponge & Billet Market

    Daily Update: Indian Sponge & Billet Market

    Indian Semis prices remain on upside, supported by strong inquiries specifically in Central, East & Western regions. As per SteelMint assessment the prices of Sponge iron have increased by INR 100-200/MT and Billet by INR 200-600/MT (USD 3-10) day-on-day. Today’s price assessment for induction furnaces billet in Indian market stood at INR 35,000-38,400/MT (USD 522-573)…