Author: Akshay Bedekar

  • Indian DRI, billet, rebar update – 4 Feb

    Indian DRI, billet, rebar update – 4 Feb

    Trading activity remains moderately strong today Prices likely to stay strong further these week India’s induction furnace (IF) steel prices strengthened d-o-d on 4 February. Sponge iron prices rose by INR 300-750/t d-o-d, with the steepest increase of INR 750/t recorded in Raipur to INR 26,700/t. Billet prices increased by INR 200-600/t d-o-d across locations,…