Category: Uncategorized
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Daily Update: Indian Semis Offers Rise Marginally
Indian Sponge & Billet offers witness further rise by INR 100-400/MT on 13th Feb’18 across major markets. According to the market participants inquiries remains strong with the price rise. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 31,600-35,700/MT (USD 492-556) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI…