Author: Bhupesh Agrawal
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Indian DRI, billet, rebar update – 16 Jun
Sponge, billet prices climb up; rebar tags decline Rebar trade discounts raised due to ample inventories India’s induction furnace (IF) steel market witnessed mixed trends today, with fluctuations of INR 50-700/tonne (t) d-o-d across markets. Sponge iron price tags increased by INR 50-150/t d-o-d, with the highest rise of INR 150/t seen in Ramgarh. Billet…