Author: Rounak Gairarey

Indian Semi finished prices further increased on strong trade activities across India. As per SteelMint assessment the price surge for Sponge iron by INR 100-300/MT & Billet by INR 200-600/MT day-on-day. The latest price assessment for induction furnaces billet in Indian market stood at INR 33,800-37,700/MT (USD 518-578) ex-plant. Further, the coal based sponge (78-80…