Author: Rounak Gairarey

Indian spot steel trades remained weak as billet prices drop by INR 100-800/MT on day basis with major fall of INR 400-800/MT in western regions. Inline rebar prices declined by INR 100-400/MT & Sponge iron prices by INR 100-300/MT day-on-day in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood…