Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 2’Jan.
India’s induction furnace (IF) steel market witnessed an uptrend in prices today. Offers by the mills rose by INR 300/tonne (t) d-o-d on 2 January, 2025. Sponge iron prices edged up by INR 50-150/t. Prices rose by INR 150/t in the Raipur market. Billet prices increased by INR 50-250/t. The Rourkela market saw an increase…