Author: Rounak Gairarey

Indian Semi finished prices remained rally on strong inquiries and as per SteelMint assessment, today the prices of Sponge iron & Billet have increased by INR 200-600/MT (USD 3-9). The latest price assessment for induction furnaces billet in Indian market stood at INR 33,400-37,400/MT (USD 513-576) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI…