Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 7 Apr

Apr 7, 2022

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by

Abhishek Rai

in Billet

India’s induction furnace (IF) steel market witnessed mixed trends on 7 Apr’22, as offers from the medium-sized mills varied in the range of INR 50-1,000/tonne (t) d-o-d. Sponge iron and billet prices fluctuated in the range of INR 50-1,000/t following a decrease of INR 1,000/t noticed in Chennai’s billet market in southern India. Also, rebar…