Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 25 Jun
India’s induction furnace (IF) steel prices edged lower on 25 June, 2024. Offers announced by the mills decreased by INR 100-1,150/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped by INR 100-550/t, with the Ramgarh market witnessing the sharpest drop. Billet prices fell by INR 200-1,150/t. The sharpest fall was seen…