Author: Rounak Gairarey

Indian Steel prices fall further by INR 100-300/MT on day trade activities due to limited inquiries. The participants in major markets reported, thin spot trades & strong supply. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,700-29,200/MT (USD 360-410) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price…