Author: Rounak Gairarey

Spot steel prices fall by INR 100-600/MT due to limited inquiries with the mid sized mills. On daily assessment, the Billet prices declined by INR 100-600/MT, Rebar by INR 100-400/MT & Sponge iron by INR 100/MT. SteelMint’s price assessment for induction furnaces billet in Indian market stood at INR 26,000-29,700/MT (USD 353-408) ex-plant. Further, the…