Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 1 May
Limited trading as observed d-o-d Rebar prices varied in the range of INR 100-500/t d-o-d India’s induction furnace (IF) steel prices witnessed mixed trends d-o-d on 1 May. Sponge iron prices increased by INR 50-100/t d-o-d, with the sharpest rise of INR 100/t seen in Raipur where prices reached INR 25,800/t. Billet prices fluctuated by…