Author: Rounak Gairarey

Indian Semis trade slow down on the wake of weak demand in finished steel products. Inline the price fall seen in Sponge iron & Billet by INR 100-400/MT & Rebar upto INR 500/MT, day on day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,700-28,900/MT (USD 362-408) ex-plant. Further,…