Category: Uncategorized

  • Daily Update: Indian Sponge & Billet Market

    Daily Update: Indian Sponge & Billet Market

    Today, Indian Sponge iron prices fluctuated by INR 100-400/MT D-o-D, the trade sentiments showed mix trends while Billet offers corrected by INR 100-300/MT. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 32,200-36,000/MT (USD 503-563) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 21,500-22,500/MT…