Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Indian Semi finished market remain fluctuates today, Billet by INR 300-500/MT & Sponge by INR 100-300/MT. During the day trade activities reported mix trends in the major markets. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 27,700-30,800/MT (USD 430-478) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price…