Author: Rounak Gairarey

Indian spot steel trade activities remain limited over festive mood in the country and bank holiday, this leads to slight price fluctuation of INR 100-300/MT, day on day in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 28,500-32,000/MT (USD 395-444) ex-plant. Further, the coal-based sponge (78-80 FeM)…