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  • Daily Update: Indian Sponge & Billet Market

    Daily Update: Indian Sponge & Billet Market

    Indian Semi finished offers decline on daily assessment, Sponge iron by INR 100-300/MT & Billet by INR 200-600/MT. During the day major price fall in billets were seen in Western India by INR 400-600/MT (USD 6-10) over weak trade activities. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 32,100-35,000/MT…