Author: Rounak Gairarey

Indian Steel prices remained volatile by INR 100-300/MT on average demand in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,800-29,100/MT (USD 360-407) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 16,500-17,900/MT (USD 231-251); prices are ex-plant & excluding GST. Rupee…