Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 10 Jun
India’s induction furnace (IF) steel market prices edged lower on 10 June, 2024. Offers announced by the mills dipped in the range of INR 100-600/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped by INR 150-500/t, with Durgapur market witnessing the sharpest drop. Billet prices decreased by INR 200-500/t. The steepest…