Author: Abhishek Rai
-
Indian DRI, billet and rebar update – 24 Feb
India’s induction furnace (IF) steel market witnessed negative price trends. Offers across mills decreased by up to INR 500/tonne d-o-d on 24 February, 2023. Sponge iron prices decreased by INR 150-450/t. Prices saw a fall in Raipur’s sponge iron market by INR 450/t. Billets prices edged down in the range of INR 250-500/t. Prices declined…