Tag: MS Ingot

  • North India buying Options limited to Central & East

    North India buying Options limited to Central & East

    Brokers & Manufacturers anticipate that there is limited probability for market to slope down as no correction is seen in Sponge prices. Across India, Sponge iron prices remain stable at INR 21,000-24,000/MT. North India based semi finish (Ingot/Billet) manufacturers have scaled down the production continuously owing to scarcity of Scrap and low profit margin in…