Author: Bhupesh Agrawal
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Indian DRI, billet, rebar update – 4 Jul
Sponge prices rise by INR 100–200/t d-o-d Billets record mixed trend, rebar sees decline India’s induction furnace (IF) steel market witnessed mixed sentiments today, and mills’ offers fluctuated by INR 50–500/tonne (t) d-o-d. Sponge iron offers increased by INR 100–200/t d-o-d, with the highest rise of INR 200/t seen in the Raipur market. Billet tags…