Author: Sagar
-
Indian DRI, billet and rebar update – 1 Feb
Indian secondary steel prices remained stable as market was awaiting budget announcement. However, later the market has seen a significant drop in prices and have fallen up to INR 1,200/t ($16). As per SteelMint’s assessment, sponge iron prices have declined by INR 100-800/t and billet prices by INR 100-700/t across regions. In line, rebar prices…