Author: Rounak Gairarey

Semi-finished steel prices in the Indian secondary market dropped slightly today on fewer trades. The prices fell by INR 100/t of sponge iron & billet. However, rebar prices fluctuated by INR 100-200/t in the major markets. Raw Material Silicon manganese (60-14) trades reported at INR 59,500-60,000/t exw Raipur. Semi Finished Induction grade billet export offers…