Author: Sagar

Indian secondary steel market sentiments continued to notice downward correction today with prices falling up to INR 1,500/t ($21), d-o-d. As per the assessment, sponge iron prices have declined INR 200-600/t and billet prices by INR 600-1,500/t nationwide, with Muzaffarnagar and Ghaziabad observing significant declines of INR 1,400-1,500/t. Following the trends, rebar prices have also…