Author: Sagar
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Indian DRI, billet and re-bar update – 7 Jul
India’s induction furnace (IF) steel market witnessed mixed price trends, while offers across mills varied in the range of INR 50-1,300/tonne d-o-d, on 7 July 2022. Sponge iron and billet prices increased by INR 50-1,300/t. A sharp hike of INR 1,300/t was seen in Raigarh and Ramgarh’s sponge iron markets. Also, rebar (Fe 500) offers…