Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Indian Semi finished offers in major markets today reported rise of INR 100-300/MT with improved trade activities. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 29,000-32,200/MT (USD 453-503) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at INR 19,000-20,600/MT (USD 297-322); prices are ex-plant &…