Author: Abhishek Rai
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Indian DRI, billet and rebar update – 6 Mar
India’s induction furnace (IF) steel market saw positive price trends. Meanwhile, offers quoted by the mills increased by up to INR 1,200/tonne (t) d-o-d. Sponge iron prices edged up by INR 100-450/t. Prices rose by INR 450/t in Raigarh’s sponge iron market. Billet prices increased in the range of INR 300-800/t. Prices increased by INR…