Author: Rounak Gairarey

Indian Steel prices fall further by INR 100-500/MT on day trade activities due to limited inquiries. The participants in major markets reported, thin spot trades & strong supply. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 26,800-30,400/MT (USD 361-410) ex-plant. Further, the coal-based sponge (78-80 FeM) C-DRI price assessment…