Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 10 Feb
India’s induction furnace (IF) steel market witnessed further price correction on 10 Feb’22. Offers from the mid-sized mills declined by up to INR 700/tonne (t) ($9/t) d-o-d. Sponge iron and billet prices decreased by INR 50-700/t following a steep drop seen in the billet market in Mandi Gobindgarh, Punjab. Rebar (Fe 500) offers fell in…