Author: Vinay Tiwari
-
Indian DRI, billet and re-bar update – 24 May.
India’s induction furnace (IF) steel market saw negative price trends as offers floated by the mills dropped in the range of INR 100-300/tonne (t) d-o-d on 24 May, 2024. Sponge iron prices fluctuated by INR 100-300/t with the Raipur market witnessing the highest drop. Billet prices dropped in the range of INR 100-200/t. The highest…