SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 17 Nov

    Indian DRI, billet and re-bar update – 17 Nov

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    by

    Abhishek Rai
    in ,

    India’s induction furnace (IF) steel market witnessed a downtrend in prices, while offers floated by the mills declined up to INR 1,200/tonne d-o-d, on 17 November, 2022. Sponge iron prices fell by INR 150-1,000/t. Prices declined in Raipur, Raigarh and Bellary by INR 1,000/t. Billet prices fell in the range of INR 250-1,200/t. Prices fell…