Author: Rounak Gairarey

Indian secondary steel market has observed a price hike by up to INR 1,500/t ($20), d-o-d basis. As per the assessment, domestic sponge offers have increased by INR 300-1,500/t across locations. Also, billet prices have surged by INR 200-1,000 in many regions with a major hike of around INR 900-1,000/t in Raipur, Jalna & Hyderabad.…