Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 26’Feb.
India’s induction furnace (IF) steel market witnessed an upward movement in price trends even as offers by the mills rose by INR 500/tonne (t) d-o-d on 26 Feb, 2025. Sponge iron prices edged up by INR 200-350/t. Prices rose by INR 350/t in the Durgapur market. Billet prices increased by INR 100-400/t. The Raipur market…