Author: Rounak Gairarey

Indian spot steel trades improved with increased demand and the prices of Semis & Long steel products moved up by INR 100-300/MT day on day through the mid sized mills. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,500-28,600/MT (USD 359-403) ex-plant. Further, the coal based sponge (78-80 FeM)…