Author: Sagar

  • Indian DRI, billet and re-bar update – 27 Sep

    Indian DRI, billet and re-bar update – 27 Sep

    The Indian induction furnace (IF) steel market remained supported on 27 Sep’21 and steel prices of the mid-sized mills increased by INR 700/t ($10), d-o-d. As per SteelMint assessment, sponge iron offers increased by INR 100-700/t in the major markets, with a major hike of INR 600-700/t observed in Durgapur (West Bengal). However, prices went down…