Author: Rounak Gairarey

Indian steel prices declined further by INR 100-500/MT owing to limited spot trades following poor off take in finished steel products, as stated by industry participants. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 24,200-28,500/MT (USD 341-403) ex-plant. Further, the coal based sponge (78-80 FeM) C-DRI price assessment was…