Author: Rounak Gairarey

Indian Billet & Rebar prices marginally fluctuated by INR 100-300/MT today on average demand in major markets. Meanwhile sponge iron offers remain amid regular bookings with producers. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,600-29,000/MT (USD 361-409) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment…