Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 28 Feb
India’s induction furnace (IF) steel market witnessed prices climbing higher on 28 Feb’22 and offers from the mid-sized mills increased by up to INR 2,800/tonne (t) ($37) d-o-d. Sponge iron and billet prices increased in the range of INR 850-2,050/t, with a major hike of INR 2,050/t observed in Raigarh and Durgapur’s billet market. Rebar…