Tag: billet bhaav
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Indian DRI, billet and rebar update -15 March
India’s induction furnace (IF) steel market witnessed negative price trends, while offers across mills decreased by up to INR 700/tonne d-o-d on 15 March, 2023. Sponge iron offers sharply fell by INR 100-450/t. The highest decline of INR 450/t was seen in Ramgarh and Jharsuguda sponge iron markets. Billet prices dropped in the range of…