Author: Abhishek Rai

Induction furnace (IF)-origin semi-finished steel prices in Durgapur, West Bengal, increased slightly today. Offers floated by the mills increased by up to INR 200/t. Sponge P-DRI (pellet-based DRI) prices edged up by INR 100/t. Around 3,350 t of trades happened at INR 32,000/t DAP Durgapur. Billet prices remained largely stable. Demand for billet was low…