Category: Uncategorized
-
Daily Update: Indian Sponge & Billet Market
On daily basis, domestic Semi finished prices decline sharply as weak sentiments continuous. The prices seen fall – Sponge by INR 200-400/MT & Billet by INR 200-800/MT day on day. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 31,000-34,300/MT (USD 485-536) ex-plant. Further the coal based sponge (78-80 FeM)…