Tag: billet/bloom/ingot

India’s induction furnace (IF) steel market witnessed positive trends today and offers from the mid-sized mills shot up to INR 1,200/tonne (t) ($16/t) d-o-d. Sponge iron and billet prices surged by INR 300-1,200/t in all locations accept Ramgarh’s (Jharkhand) sponge iron market where a slight drop of INR 200/t seen. On the other hand a…