Author: Rounak Gairarey

Indian steel prices slightly fall by INR 100-200/MT on day trade activities over limited inquiries through the domestic buyers. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,700-29,300/MT (USD 360-412) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 16,600-18,200/MT (USD 233-254); prices are…