SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 26 Apr

    Indian DRI, billet and re-bar update – 26 Apr

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market witnessed mixed trends on 26 Apr’22 as offers from the medium-sized mills varied in the range of INR 50-1,200/tonne (t) d-o-d. Sponge iron and billet prices varied in the range of INR 50-1,000/t following a major drop of INR 1,000/t in the Chennai’s billet market. Also, rebar (Fe 500)…