SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 10 Mar

    Indian DRI, billet and re-bar update – 10 Mar

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market witnessed mixed trends on 10 Mar’22. Offers from the mid-sized mills fluctuated in the range of INR 250-1,700/tonne (t) d-o-d. Sponge iron and billet prices declined by INR 250-1,000/t, with a major fall seen in Gujarat and Hyderabad’s billet market. However, Bellary’s (south India) sponge iron market remained cautious…