Author: Abhishek Rai
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Indian DRI, billet and re-bar update – 23 Jun
India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills increased up to INR 1,300/tonne (t) d-o-d on 23 Jun’22. Sponge iron and billet prices surged in the range of INR 300-1,250/t. Prices increased by INR 1,250/t in Ramgarh’s billet market. Also, rebar (Fe 500) offers spurted in the…