Tag: billet/bloom/ingot
-
Indian DRI, billet and re-bar update – 6 Apr
India’s induction furnace (IF) steel market witnessed declining trends on 6 Apr’22, as offers from the medium-sized mills decreased by up to INR 2,100/tonne (t) ($28) d-o-d. Sponge iron and billet prices edge down in the range of INR 250-1,400/t following a decline of INR 1,400/t witnessed in Rourkela’s billet market in Central India. Also,…