Author: Rounak Gairarey

Indian steel prices volatile by INR 100-300/MT today amid average demand-supply, as stated by participants. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 26,400-29,800/MT (USD 371-420) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 17,200-18,400/MT (USD 242-259); prices are ex-plant & excluding GST.…