Author: Rounak Gairarey

Today, Indian Sponge & Billet market witnessed slight price fluctuation of INR 100-200/MT in major markets. However, a sharp fall in billet by INR 200-400/MT being observed in Western India – Maharashtra & Gujarat on poor inquiries. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 32,500-36,200/MT (USD 498-555) ex-plant.…