Tag: billet/bloom/ingot

India’s induction furnace (IF) steel market remained supported today as offers from the mid-sized mills increased by INR 1,100/tonne (t) ($15/t) d-o-d. Sponge iron and billet prices rose in the range of INR 100-1,000/t in major markets, with a surge of INR 1,000/t Hyderabad’s billet prices. Rebar (Fe 500) offers rose by INR 200-1,100/t in…