Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 20 Jun
India’s induction furnace (IF) steel prices continued the downward movement on 20 June, 2024. Offers announced by the mills declined by INR 200-1,000/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices decreased by INR 200-500/t, with Raigarh market witnessing the sharpest decrease. Billet prices plunged by INR 200-1,000/t. The steepest fall was…