Tag: Indian Billet and DRI offers

Indian DRI, billet, and rebar update – 17 Oct

Oct 17, 2024

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by

Akshay Bedekar

in Billet, Semi Finished

India’s induction furnace (IF) steel segment witnessed a downtrend in prices on 17 October 2024. Offers announced by mills dropped by INR 50-400/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices witnessed a fall of INR 50-300/t, with the steepest drop in the Jharsuguda market. Billet prices decreased by INR…