Tag: billet/bloom/ingot

  • India: DRI, billet and rebar update-11 Apr

    India: DRI, billet and rebar update-11 Apr

    India’s induction furnace (IF) steel market saw a downtrend in prices on 11 Apr’22 as offers from the medium-sized mills decreased by up to INR 1,700/tonne ($22) (t) d-o-d. Sponge iron and billet prices fell in the range of INR 300-1,400/t following a decrease of INR 1,400/t seen in Mumbai’s billet market in western India.…