SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 25 Feb

    Indian DRI, billet and re-bar update – 25 Feb

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market recorded new highs on 25 Feb’22 and offers from the mid-sized mills increased by up to INR 1,100/tonne (t) ($14) d-o-d. Sponge iron and billet prices increased in the range of INR 100-1,100/t, with a major hike of INR 1,100/t observed in Bellary’s sponge iron market. Rebar (Fe 500)…