Author: Akshay Bedekar

  • Indian DRI, billet, rebar update – 23 Feb

    Indian DRI, billet, rebar update – 23 Feb

    Cautious buying limits trading momentum Market expected to remain slow India’s induction furnace (IF) steel prices fell d-o-d across product segments due to low demand on 23 February. Sponge iron offers varied in the range of INR 100-300/t d-o-d, with the sharpest fall of INR 300/t in Durgapur, where prices settled at INR 25,100/t. Billet…