Author: Rounak Gairarey

Indian Semi-finished offers rise further on daily basis, Sponge iron by INR 100-300/MT & Billet by INR 100-400/MT across major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 29,300-32,700/MT (USD 410-459) ex-plant. Further, the coal-based sponge (78-80 FeM) C-DRI price assessment was at INR 19,200-20,700/MT (USD 269-290); prices…