Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 22 Feb
India’s induction furnace (IF) steel market witnessed mixed trends on 22 Feb’22. However, buying interest is low due to higher prices and so manufacturers are being compelled to reduce offers today. Offers from the mid-sized mills varied in the range of INR 100-1,000/tonne (t) d-o-d. Sponge iron and billet prices fluctuated in the range of…