Author: Rounak Gairarey

Indian Sponge iron, Billet & Rebar prices marginally fluctuate by INR 100-200/MT today on average demand in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,900-29,000/MT (USD 361-404) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 16,600-18,000/MT (USD 231-251); prices are…