SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 24 Feb

    Indian DRI, billet and re-bar update – 24 Feb

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market witnessed robust sentiments on 24 Feb’22 and offers from the mid-sized mills increased by up to INR 1,500/tonne (t) ($20) d-o-d. Sponge iron and billet prices moved up in the range of INR 100-1,500/t with a major hike of INR 1,500/t noticed in Hyderabad’s billet market. Rebar (Fe 500)…