Author: Sagar
-
Indian DRI, billet and re-bar update – 31 Aug
Indian induction furnace (IF) route steel market sentiments recovered on 31 Aug’21 as prices rose by up to INR 350/t ($5), d-o-d. As per SteelMint assessment, sponge iron markets in the country witnessed a hike in prices by around INR 50-250/t except Hyderabad where a slight correction of INR 100/t was observed. Also, domestic billet…