Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 31 Mar
India’s induction furnace (IF) steel market struck a dull note on account of moderate demand on 31 Mar’22, as offers from the medium-sized mills declined by up to INR 1,500/tonne (t) ($19) d-o-d. Sponge iron and billet prices decreased in the range of INR 100-1,500/t following a sharp dip of INR 1,500/t noticed in Hyderabad’s…