Author: Sagar
-
Indian DRI, billet and rebar update – 18 Jan
Indian secondary steel market has observed further fall in prices and have declined upto INR 1,400/t ($19) today. As per the SteelMint’s assessment, sponge iron and billet prices have dropped by INR 100-700/t in many locations and a major price fall in billet was noticed in southern India (Hyderabad and Chennai) by INR 800-1,400/t. Also,…