Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 7 Jul
India’s induction furnace (IF) steel market witnessed subdued sentiments today. Offers floated by the mills varied in the range INR 50-500/tonne (t) d-o-d. Sponge iron offers fluctuated by INR 50-200/t d-o-d, with the steepest fall of INR 100/t seen in Ramgarh and increased in Jharsuguda market by INR 200/t. Billet tags decreased in the range…