Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 18 Nov
India’s induction furnace (IF) steel market witnessed downwards price trends, while offers across mills decline up to INR 1,100/tonne d-o-d, on 18 Nov’22. Sponge iron prices fell by INR 300-800/t. Prices witness a fall in Bellary’s sponge iron market by INR 800/t. Billet prices plunge in the range of INR 100-1,100/t. Prices noticed a fall…