Tag: Indian Billet and DRI offers

Indian DRI, billet and rebar update – 16 Jul

Jul 16, 2024

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by

Akshay Bedekar

in Billet, Semi Finished

India’s induction furnace (IF) steel prices edged lower on 16 July 2024. Offers announced by the mills fluctuated by INR 100-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell by INR 200-300/t across regions, except marginal hike seen in Ramgarh market by INR 50/t. Billet prices fell by INR 100-500/t across…