Author: Rounak Gairarey

Indian spot steel trades remained subdued during the week-27. The mid sized steel mills reported mixed response from the domestic buyers over uncertainty in the market. As per assessment made by SteelMint, this week prices of billet have declined by INR 100-700/t (upto $10) & Sponge iron fluctuated by INR 100-500/t. In context to finished…