Author: Rounak Gairarey

Indian secondary steel market continued to see a decline in offers today and the prices have dropped by upto INR 1,500/t ($20) on d-o-d basis. As per SteelMint’s assessment, the domestic sponge iron and billet prices have dropped by INR 200-1,500/t in many regions with a major fall of INR 1,000-1,500/t being noticed in Ahmedabad…