Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 1’Apr.
India’s induction furnace (IF) steel market witnessed an upward trend in prices. Offers floated by the mills increased by INR 950/tonne (t) d-o-d on 1 April, 2024. Sponge iron prices edged up by INR 100-500/t. Prices rose by INR 500/t in the Raipur market. Billet prices increased by INR 200-950/t. The Ramgarh market saw an…