Author: Rounak Gairarey

In the week opening, domestic Semi finished prices fluctuates amid average trade inquiries. The price movement have seen – Sponge iron by INR 100-200/MT & Billet by INR 100-500/MT day-on-day. SteelMint’s price assessment for induction furnaces billet size 125×125 mm are stood at INR 33,000-37,100/MT (USD 507-571) ex-plant. And the coal based sponge (78-80 FeM)…