Tag: Daily Analysis

Today, Indian billet offers slightly increased by INR 100-200/MT despite thin trade activities. Rally in sponge offers influenced the rise in billet offers. On 26 July, SteelMint’s price assessments for induction furnaces billet size 125×125 mm are reported at INR 25,300-27,600/MT (USD 392-428) ex-works, which was at INR 25,200-27,600/MT (USD 386-428) a day ago. On…