Author: Rounak Gairarey

Indian sponge iron, billet & rebar prices fluctuated slightly by INR 100-300/t today due to average trade inquiries. The sponge iron & billet producers reported sufficient orders in hand as the demand was good since the prices started to gain. SteelMint’s price assessment for induction furnaces billet in Indian market stood at INR 27,000-30,000/t ($357-397)…