Author: Rounak Gairarey

During week 20, Indian domestic trade activities improved. The mid sized steel mills reported better response from the buyers despite assumptions of uncertain directions. As per SteelMint’s assessment, in these days the Billet prices increased upto INR 700/MT & Rebar by INR 500-2,000 (USD 7-27)/MT. However, sponge iron prices declined by INR 100-300/MT owing to…