Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 9 Mar
India’s induction furnace (IF) steel market remained upbeat on 9 Mar’22. Offers from the mid-sized mills increased by up to INR 2,700/tonne (t) ($35) d-o-d. Sponge iron and billet prices moved up in the range of INR 300-2,500/t, with a major hike noticed in Mandi, Gobindgarh’s billet market. Rebar (Fe 500) offers also rose in…