Author: Sagar
-
Indian DRI, billet and re-bar update – 2 Nov
The Indian induction furnace (IF) steel market witnessed dull sentiments in terms of price movements on 2 Nov’21. However, in terms of trade, the producers reported better demand than yesterday. Steel prices of the mid-sized mills declined by up to INR 500/tonne (t) ($7) on a day-to-day basis, as per SteelMint assessment. Semi-finished steel (including…