Author: Rounak Gairarey

Indian sponge iron & Billet prices slightly fluctuated by INR 100-200/MT today amid average spot trades. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,900-29,400/MT (USD 361-410) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 16,800-18,200/MT (USD 234-253); prices are ex-plant & excluding…