Tag: 000 t billets and blooms

  • Indian DRI, billet and rebar update – 17 Jan

    Indian DRI, billet and rebar update – 17 Jan

    India’s induction furnace (IF) steel market saw dull response at prevailing offers. Prices decreased by INR 1,000/tonne d-o-d on 17 January, 2023. Sponge iron offers dropped by INR 100-600/t. The highest decline was seen in the eastern region’s Jharsuguda market. Meanwhile, billets prices fell in the range of INR 100-500/t across regions with the maximum…