SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 22 Mar

    Indian DRI, billet and re-bar update – 22 Mar

    —

    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market witnessed mixed trends on 22 Mar’22 as offers from the mid-sized mills fluctuated in the range of INR 100-1,000/tonne (t) d-o-d. Sponge iron and billet prices varied in the range of INR 100-900/t, with a major fall seen in raipur’s sponge iron market. However, rebar (Fe 500) offers surged…