Category: Uncategorized
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Daily Update: Indian Semis Market Shows Mix Trend
Today, Domestic Sponge iron offers rise by INR 100-300/MT & Billet offers fluctuated by INR 100-500/MT, the trade sentiments showed mix trends. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 31,400-34,900/MT (USD 495-550) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 20,700-21,600/MT (USD…