Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 4 Feb
India’s induction furnace (IF) steel market witnessed positive price trends on 4 Feb’22 as offers from the mid-sized mills increased by up to INR 600/tonne (t) ($8/t) d-o-d. Sponge iron and billet prices increased by INR 100-600/t in different markets across the country. However, a major hike of INR 600/t in billet prices was seen…