Author: Abhishek Rai

Indian DRI, billet and re-bar update – 28 Mar

Mar 28, 2023

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed mixed price trends, with offers across mills varying in the range of INR 100-500/tonne (t) d-o-d, on 28 March. Sponge iron prices fell by INR 100-300/t. Prices witnessed a fall in Rourkela’s sponge iron market by INR 300/t. Billet prices fell by INR 100-450/t. A fall of INR…