SteelMint

Author: Abhishek Rai

  • Indian DRI, billet and re-bar update – 27 Apr

    Indian DRI, billet and re-bar update – 27 Apr

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market saw mixed trends prevailing on 27 Apr’22, as offers floated by the mid-scale mills varied over a broad range of INR 50-1,000/tonne (t) d-o-d. Sponge iron and billet prices varied across a wide range of INR 50-1,000/t following a sharp  hike of INR 1,000/t in Mandi Gobindgarh’s (northern India).…