Author: Rounak Gairarey

Indian Steel prices marginally fluctuated 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 25,400-28,300/MT (USD 357-399) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 16,000-17,200/MT (USD 225-242); prices are ex-plant & excluding GST.…