Author: Rounak Gairarey

Indian steel prices plunged further due to poor spot trades, SteelMint learned from trade sources and the prices have dropped by INR 100-400/MT on daily trade activities. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 25,400-28,200/MT (USD 357-397) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment…