Tag: Sponge Pellet

High prices of Semi Finish due to low production holds finished steel buying as buyer wait for price correction. Low cost and increase production of Sponge iron upsurges the conversion spread.   West Bengal (Durgapur): Low production of MS Ingot/Billet and Re-bar owing to power cut from past few days have resulted in price hike by INR 1,000/MT…