Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 23 Feb
India’s induction furnace (IF) steel market remained strong on 23 Feb’22 and offers from the mid-sized mills increased by up to INR 750/tonne (t) ($10) d-o-d. Sponge iron and billet prices moved up in the range of INR 100-750/t with a major hike of INR 750/t seen in Mandi Gobindgarh. A slight price correction of…