Author: Rounak Gairarey

  • Indian DRI, billet and re-bar update – 13 Sep

    Indian DRI, billet and re-bar update – 13 Sep

    The Indian induction furnace (IF) route steel market witnessed active trading activity on 13 Sept’21. Steel prices of midsized mills fluctuated by up to INR 700/t ($10), d-o-d. As per SteelMint assessment, sponge iron markets in the country witnessed a surge in prices by INR 100-400/t. Domestic billet offers increased by INR 100-500/t in many…