Author: Rounak Gairarey

Today, Indian semi finished market reported mix trends as price fluctuation remain in the range of INR 100-500/MT for both Sponge iron & Billets. The industry participants reported average trade activities resulting volatility in prices. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 33,000-36,500/MT (USD 508-562) ex-plant. Further the…