Author: Sagar
-
Indian DRI, billet and rebar update – 10 Jun
The Indian secondary steel market witnessed a hike in prices following positive sentiments that arose due to pick up in trading activity and a tight raw materials supply scenario. Mills raised prices by INR 700/t ($10), day-on-day. Semi-finished steel (sponge iron and billet) offers saw an uptick by INR 100-700/t across markets; however, a downfall…