Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 18 Feb
India’s induction furnace (IF) steel market witnessed mixed trends on 18 Feb’22. Offers from the mid-sized mills varied in the range of INR 50-550/tonne (t) d-o-d. Sponge iron and billets prices dropped by INR 100-500/t at locations across country, whereas a hike of INR 50-550/t was noticed in Mandi Gobindgarh, Raigarh,Durgapur and Hyderabad markets. The…