Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 19’Dec
India’s induction furnace (IF) steel prices fluctuated on 19 December, 2024. Offers announced by the mills fluctuated by INR 100-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fluctuated by INR 100-400/t. The Bellari and Hyderabad markets witnessed a price rise of INR 400/t. Billet prices rose in the range of INR…