SteelMint

Author: Rounak Gairarey

  • Indian DRI, billet and re-bar update – 14 Dec

    Indian DRI, billet and re-bar update – 14 Dec

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    by

    Rounak Gairarey
    in

    The Indian induction furnace (IF) steel market remained volatile throughout the day on 14 Dec’21. Steel prices of the mid-sized mills fluctuated by INR 100-800/tonne (t), d-o-d. Sponge iron offers rose in the range of INR 200-600/t across different locations. However, billet offers fluctuated by INR 100-500/t in today’s trade. Also, the rebar (Fe 500)…