Tag: Indian Billet and DRI offers
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Indian DRI, billet, and rebar update – 21 Oct
Finished steel demand weakens Prices decrease across markets India’s induction furnace (IF) steel segment witnessed a reduction in prices on 21 October 2024. Offers announced by mills dropped by INR 100-1,000/tonne (t) across markets compared to the previous trading session. Sponge iron prices fell by INR 300-400/t, with the steepest drop noted in the Raigarh…