Tag: sponge iron supply shortage

Billet prices rise by INR 500/t w-o-w Trade in finished steel improves in recent days In Chennai, HMS (80:20) scrap prices saw a w-o-w increase of INR 400/t, reaching INR 29,600/t, though prices remained stable d-o-d. Steel billet prices rose by INR 500/t w-o-w, stabilising at INR 41,500/t. Rebar prices also saw a w-o-w increase…