Author: Rounak Gairarey
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Daily Update: Indian Steel Market 15 Jan’20
Indian Steel prices remain volatile amid measured demand and as per daily assessment the prices fluctuated by INR 100-500/MT in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 29,500-32,800/MT (USD 416-463) ex-plant. Further, the coal-based sponge (78-80 FeM) C-DRI price assessment was at INR 19,700-20,600/MT (USD 278-291);…