Author: Rounak Gairarey

Indian steel prices plunged further due to poor spot trades, SteelMint learned from trade sources and the prices have dropped by INR 100-500/MT on daily trade activities. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 28,300-31,500/MT (USD 396-442) ex-plant. Further, the coal-based sponge (78-80 FeM) C-DRI price assessment was…