Author: Akshay Bedekar

  • Indian DRI, billet, rebar update – 3 Aug

    Indian DRI, billet, rebar update – 3 Aug

    Improved bookings across regions lift market sentiment Active sales may help keep steel prices supported this week India’s induction furnace (IF) steel prices increased d-o-d across regions on 3 August 2026. Sponge iron prices rose by INR 300-500/t d-o-d across locations, with the sharpest increase of INR 500/t seen in Hyderabad and Bellary, where prices…