Author: Abhishek Rai
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Indian DRI, billet and re-bar update – 17 Jun
India’s induction furnace (IF) steel market witnessed an uptrend in prices, while offers floated by mills of varying capacities surged up to INR 1,000/tonne d-o-d on 17 June 2022. Sponge iron and billet prices increased in the range of INR 100-1,000/t following a rise of INR 1,000/t in Hyderabad and Ramgarh’s billet markets. Also, rebar…