Category: Uncategorized
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Daily Update: Indian Sponge & Billet Market
Today, Indian Semi-finished steel offers rise further over positive sentiments, Sponge iron offers up by INR 100-300/MT & Billet rise upto INR 500/MT D-o-D. SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 26,500-29,700/MT (USD 410-460) ex-plant. Further the coal based sponge (78-80 FeM) C-DRI price assessment was at INR…