Category: Uncategorized
-
Daily Update: Indian Sponge & Billet Market
Indian Semi-finished offers remain on rising mode over strong demand in finished products in few of the major markets. During the day Sponge iron offers increase by INR 100-300/MT & Billet upto INR 500/MT (USD 8). SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 26,900-30,300/MT (USD 418-471) ex-plant. Further,…