SteelMint

Author: Abhishek Rai

  • Indian DRI, billet and re-bar update – 9 May

    Indian DRI, billet and re-bar update – 9 May

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    by

    Abhishek Rai
    in ,

    India’s induction furnace (IF) steel market witnessed mixed price trends, while offers from the medium-sized mills varied in the range of INR 100-1,500/tonnes (t) d-o-d on 9 May’22. Sponge iron and billet prices fell in the range of INR 100-1,500/t following a sharp decline of INR 1,500/t in Mandi Gobindgarh’s billet market. Rebar (Fe 500)…