Author: Abhishek Rai
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Indian DRI, billet and re-bar update – 23 Aug
India’s induction furnace (IF) steel market witnessed negative price trends, while offers floated by the mills decreased by up to INR 700/tonne (t), d-o-d, on 23 August, 2022. Sponge iron prices fell in the range of INR 220-700/t. Prices decreased in Jharsuguda’s by INR 700/t. Billet prices dropped in the range of INR 200-500/t. Prices…