Author: Abhishek Rai
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Indian DRI, billet and re-bar update – 23 Dec
India’s induction furnace (IF) steel market witnessed positive price trends, while offers across mills increased by up to INR 900/tonne d-o-d on 23 December, 2022. Sponge iron prices rose by INR 100-900/t. Prices saw a hike in Jharsuguda’s sponge iron market by INR 900/t. Billets prices also increased in the range of INR 300-650/t. Prices…