Tag: billet/bloom/ingot

India’s induction furnace (IF) steel market remained dull due to sluggish demand on 14 Mar’22. Offers from the medium-sized mills decreased by up to INR 3,400/tonne (t) ($44) d-o-d. Sponge iron and billet prices declined in the range of INR 300-3,400/t, with a major fall seen in Mumbai’s (Maharashtra) billet market. Rebar (Fe 500) offers…