Author: Sagar
-
Indian DRI, billet and rebar update – 17 May
Indian secondary steel trades remained dull today and prices have declined by upto INR 500/t ($7), d-o-d, basis. As per SteelMint’s assessment, domestic billet offers have fallen by INR 100-500/t except Mandi Gobindgarh where prices have increased by INR 400/t. Also, sponge iron prices have dropped by INR 100-400, whereas, a hike of INR 100/t…