Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Today, Indian Billet & Sponge market observed price rise of INR 100-500/MT and the major rise seen in Odisha, Rourkela where offers for both the products increase about INR 300-500/MT (USD 5-8). SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 28,200-31,600/MT (USD 437-490) ex-plant. Further, the coal based sponge…