SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 24 Mar

    Indian DRI, billet and re-bar update – 24 Mar

    —

    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market witnessed mixed trends on 24 Mar’22 as offers from the mid-sized mills fluctuated in the range of INR 50-1,300/tonne (t) d-o-d. Sponge iron and billet prices varied in the range of INR 50-1,200/t. However, a sharp fall of INR 1,200/t was observed in Raipur’s sponge iron market. Also, rebar…