Author: Rounak Gairarey
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Daily Update: Indian Steel Market 7 Nov’19
Indian Steel prices slightly change 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 25,800-29,300/MT (USD 363-413) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 16,500-18,000/MT (USD 232-254); prices are ex-plant & excluding GST.…