Author: Akshay Bedekar

  • Indian DRI, billet, rebar update – 8 Apr

    Indian DRI, billet, rebar update – 8 Apr

    Buyers stay away after announcement of US-Iran ceasefire  Sluggish trading activities noticed d-o-d across regions India’s induction furnace (IF) steel prices declined d-o-d across regions on 8 April. Sponge iron prices dropped in the range of INR 200-600/t d-o-d, with the sharpest fall of INR 600/t seen in Ramgarh, where prices settled at INR 26,900/t.…