SAIL Hike Rebar Prices by INR 3,000-3,500/MT

Government owned Steel Authority of Indian Limited (SAIL) has increased rebar prices by INR 3,000-3,500/MT for the month of Jan’17.The new prices are to be affective from 1st Jan’17. The company has increased its rebar prices by 5,000/MT since the…

Indian Sponge Prices Inch Up in Dec’16

Sponge prices in Central & East India gain by INR 500-1000/MT(3-6%) in Dec’16.However,in South region it slightly corrected by INR 50-150/MT. Major price hike is seen in Durgapur (East India) by INR 800-850/MT followed by Rourkela & Raipur (Central &…

Indian Pig Iron Overview

Pig iron prices across major Indian markets reported uptick of INR 500-1,000/MT (USD 8-15) in Dec’16.Better demand from the both Indian domestic & global market as well limited suppliers for the material have strengthened pig iron prices. On monthly average…

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