Tag: billet/bloom/ingot
-
Indian DRI, billet and re-bar update – 29 Apr
India’s induction furnace (IF) steel prices witnessed positive trends and offers from the medium-sized mills increased up to INR 2,700/tonne ($35), d-o-d, on 29 Apr’22. Sponge iron and billet prices surged in the range of INR 100-1,500/t following a sharp increase of INR 1,500/t seen in Chennai’s billet market (southern India). Also, rebar (Fe 500)…