Author: Sagar
-
Indian DRI, billet and re-bar update – 24 Nov
The Indian induction furnace (IF) steel market remained volatile throughout the day on 24 Nov’21. The prices of the mid-sized mills fluctuated by INR 50-500/tonne (t), d-o-d. Semi-finished steel (including sponge iron and billet) offers varied by INR 50-500/t. However, a major hike of INR 500/t was seen in Hyderabad’s billet market. Also, the rebar…