Author: Rounak Gairarey

Indian billet prices fell sharply by INR 100-500/MT with major corrections of around INR 500/MT (USD 7) in central region due to limited inquiries and comparatively higher supply. In line with this, rebar & sponge iron prices fell by INR 100-300/MT following free-fall in billet prices. As per participants, weak demand amid healthier supply along…