SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 22 Nov

    Indian DRI, billet and re-bar update – 22 Nov

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    by

    Abhishek Rai
    in ,

    India’s induction furnace (IF) steel market witnessed negative price trends, while offers floated by mills fell up to INR 1,500/tonne d-o-d, on 22 November, 2022. Sponge iron prices decreased by INR 200-1,000/t. Prices witnessed a fall in Raipur and Rourkela’s sponge iron market by INR 1,000/t. Billet prices edged down in the range of INR…