Author: Bhupesh Agrawal
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Indian DRI, billet, rebar update – 8 May
IF mills’ offers remain volatile d-o-d Sponge down d-o-d, billets fluctuate India’s induction furnace (IF) steel market continued to see some intense volatility, with mills’ offers falling by INR 50-200/tonne (t) d-o-d in certain regions, but increasing by INR 100/t in other Sponge iron prices decreased by INR 50-200/t d-o-d, with the highest drop of…