Author: Sagar
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Indian DRI, billet and rebar update – 17 Feb
India’s secondary steel market remained bullish with prices rising sharply by INR 200-1,500/t (up to $21), d-o-d. As per SteelMint’s assessment, sponge iron prices have increased by INR 200-900/t and billet by INR 500-1,500/t, however a major price hike of around INR 1,100-1,500/t in billet was registered at major markets (Raipur, Raigarh, Gujarat, Jalna and…