Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
In the week opening, Indian semis offers witness further rise today by INR 100-500/MT across major markets. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 32,100-36,000/MT (USD 506-567) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 21,500-22,600/MT (USD 339-356); prices are ex-plant &…