Category: Uncategorized

In the week opening, Indian Billet & Sponge prices slump in the range of INR 100-500/MT (USD 1-8) in major markets, the trade sentiments remained weak. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 31,000-34,800/MT (USD 484-543) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was…