UTC+8 ( BJT)

Indian DRI, billet and rebar update

ABSTRACT

Spot trades in Indian secondary steel market remained dull today and prices have declined by up to INR 1,000/t ($14) on a d-o-d basis.
As per the assessment, Indian semi-finished steel offers (including sponge iron & billet) have fallen by INR 100-1,000/t with a major fall of INR 1,000/t seen in billet at Ahmedabad, Bhavnagar & Hyderabad. In context to finish long, the rebar prices have also decreased by INR 100-800/t in all the markets,

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227