Author: Rounak Gairarey

Indian Sponge & Billet prices fall further by INR 100-500/MT as per SteelMint’s daily price assessment. The manufacturers stated limited trade inquires resulting continuous fall in domestic prices. Today, the assessment for induction furnaces billet size 125×125 mm are stood at INR 32,000-36,000/MT (USD 492-554) ex-plant. And the coal based sponge (78-80 FeM) C-DRI price…