Author: Sagar
-
Indian DRI, billet and re-bar update – 22 Oct
The Indian induction furnace (IF) steel market was witness to dull sentiments on 22 Oct’21 on account of poor spot trading activity, SteelMint notes. Steel prices of the mid-sized mills dropped by up to INR 1,350/tonne (t) ($18) on a day-to-day basis. As per SteelMint assessment, semi-finished steel (including sponge iron and billet) prices decreased…