Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 21 Feb
India’s induction furnace (IF) steel market witnessed mixed trends on 21 Feb’22 and offers from the mid-sized mills varied in the range of INR 50-600/tonne (t) d-o-d. Sponge iron and billet prices fluctuated by INR 50-500/t at locations across the country, whereas a major hike of INR 500/t was noticed in Chennai, south India. On…