Author: Rounak Gairarey

Billet prices in Hyderabad rose by INR 1,000/t on 14 Sept’21. Hike in sponge iron prices by INR 500/t, d-o-d, as well as scrap prices (at INR 34,700/t, up INR 400/t) are supporting prices. Supply shortage and slight fall in the production of billets because of heavy rainfall resulted in the rise in prices. SteelMint’s…