Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 15’Feb.
India’s induction furnace (IF) steel prices witnessed an upward trends, as offers floated by mills rose by INR 400/tonne (t) d-o-d on 15 February, 2024. Sponge iron prices edged up by INR 100-300/t. Prices rose by INR 300/t in the Raipur and Ramgarh markets. Billet prices increased by INR 100-300/t. The Ahmedabad market saw an…