Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 5 Mar
Billet offers rise by INR 100-1,000/t d-o-d Prices are expected to remain supportive further India’s induction furnace (IF) steel prices surged d-o-d across markets on 5 March, backed by firm demand. Sponge iron offers increased by INR 100-600/t d-o-d, with the sharpest rise of INR 600/t in Bellary and Hyderabad, where prices settled at INR…