Author: Rounak Gairarey

Indian billet & rebar prices fluctuated by INR 100-300/MT today on average inquiries. The participants reported disparity between bids and offers, hence the spot trades were not upto the mark, on daily basis. However, sponge iron offers moved up sharply by INR 100-500/MT with major rise seen in central region by INR 300-500/MT (USD 4-7).…