Author: Sagar
-
Indian DRI, billet and rebar update – 24 Dec
Secondary steel market turned optimistic despite prices in Punjab kept fluctuating throughout the day. Semi finished and finished steel prices have increased up to INR 700/t ($10) d-o-d, today. As per the assessment, sponge iron prices have moved up by INR 100-300/t. Following the same trend, billet & rebar prices have increased by INR 100-700/t…