Author: Rounak Gairarey

Indian Semi finished prices increase further in the week opening up to INR 500/MT (USD 8) following strong inquiries with the manufacturers. SteelMint’s price assessment for induction furnaces billet size 125×125 mm are reported at INR 32,800-36,700/MT (USD 504-564) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 20,800-22,700/MT (USD…