Author: Rounak Gairarey

Semi- finished steel prices registered a sharp fall during week 45 (1-6 Nov’21). Domestic billet prices fell by INR 200-1,000/t while sponge iron offers also fell sharply by INR 500-1,500/t across regions with a major drop of INR 1,000-1,500/t reported from southern India. India’s finished long steel market via the induction furnace (IF) route received…