Tag: TMT. Sponge Pellet
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India: Semi Finish Prices in Southern India up by INR 1,000-2,000/MT M-o-M
Ingot prices in Hyderabad up by INR 1,500/MT (M-o-M) Ingot prices in Chennai & Bangalore up by INR 1,000-2,000/MT (M-o-M) Sponge iron prices in Bellary up by INR 500/MT (M-o-M) Low availability of Scrap & Sponge iron have supported hike in Ingot prices in southern India, which is largely dependent on Scrap. Sources mention that…