Author: Abhishek Rai

Indian DRI, billet and re-bar update – 24 Aug

Aug 24, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills increased by up to INR 700/tonne d-o-d on 24 August, 2022. Sponge iron prices rose in the range of INR 150-700/t. Prices increased in Jharsuguda by INR 700/t. Billet prices moved up in the range of INR 50-500/t. Prices…