Tag: Indian Billet and DRI offers

  • Indian DRI, billet, and rebar update – 30 Sep

    Indian DRI, billet, and rebar update – 30 Sep

    India’s induction furnace (IF) steel prices surged on 30 September, 2024. Offers announced by the mills increased by INR 200-2,200/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices rose by INR 300-1,000/t with the steepest hike in Jharsuguda market. Billet prices increased by INR 300-1,300/t and the major increase in…