SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 8 Mar

    Indian DRI, billet and re-bar update – 8 Mar

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market observed mixed trends on 8 Mar’22. Offers from the mid-sized mills fluctuated in the range by INR 100-1,500/tonne (t) d-o-d. Sponge iron and billet prices varied in the range of INR 100-700/t, with the maximum fall of INR 700/t seen in Raigarh’s sponge iron market. Rebar (Fe 500) offers…