Author: Sudhasha Talreja

  • Indian DRI, billet and rebar update – 12 Apr

    Indian DRI, billet and rebar update – 12 Apr

    India’s induction furnace (IF) steel market witnessed a minor correction in prices on 12 April, 2024, as offers floated by the mills decreased in the range of INR 100-550/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped by INR 200-300/t. Odisha’s Jharsuguda market witnessed the sharpest drop. Billet prices fell in…