Author: Rounak Gairarey

Indian billet prices moved down further INR 100-500/t, following drop in rebar prices by INR 100-400/t d-o-d, owing to falling spot trades and future bookings. While, sponge iron prices fell slightly by INR 100/t on account of sufficient orders among producers and strong prices of raw materials i.e. iron ore & pellets. SteelMint’s price assessment…