Author: Rounak Gairarey

Indian Semi-finished steel prices rise marginally amid average trade activities and as per assessment the domestic Billet prices increase by INR 100-400/MT & Sponge iron by INR 100-200/MT, day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 28,800-32,200/MT (USD 403-451) ex-plant. Further, the coal-based sponge (78-80 FeM) C-DRI price…