Tag: billet/bloom/ingot
-
Indian DRI, billet and re-bar update – 16 Mar
India’s induction furnace (IF) steel market witnessed uptrend in prices on 16 Mar’22, as offers from the mid-sized mills increased by up to INR 2,700/tonne (t) ($35) d-o-d. Sponge iron and billet prices rose in the range of INR 300-2,700/t, with a major hike seen in Gujarat’s billet market. Rebar (Fe 500) offers rose in…