Author: Rounak Gairarey

Indian steel prices fell further upto INR 500 ($7)/t, d-o-d on account of falling spot trades & limited future orders. The major drop in prices were reported in billets by INR 100-500/MT, while rebar & sponge iron prices declined upto INR 300/MT, compared to yesterday. SteelMint’s price assessment for induction furnaces billet in Indian market…