Category: Uncategorized

  • Daily Update: Indian Sponge & Billet Market

    Daily Update: Indian Sponge & Billet Market

    Domestic Semi-finished offers rise further on strong demand and rise in Finished steel prices, Sponge iron offers increase by INR 100-500/MT & Billet upto INR 600/MT, D-o-D. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 28,000-31,200/MT (USD 434-484) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment…