Author: Rounak Gairarey

Indian steel prices drop on account of limited spot trades with the mid sized mills. On daily assessment, the Rebar & Billet prices plunged by INR 100-500/MT & Sponge iron by INR 100-200/MT. 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…