SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 27 Jan

    Indian DRI, billet and re-bar update – 27 Jan

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    by

    Abhishek Rai
    in ,

    India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills increased by up to INR 350/tonne (t) d-o-d on 27 January, 2023. Sponge iron prices rose by INR 50-300/t. Prices witnessed a hike in Jharsugda’s sponge iron market by INR 300/t. Billet prices increased marginally in the range of…