SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 31 Jan

    Indian DRI, billet and re-bar update – 31 Jan

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market remained on a low key on 31 Jan’22. Offers from the mid-sized mills decreased by up to INR 500/tonne (t) ($7/t) d-o-d. Sponge iron and billet offers declined by INR 100-500/t in many regions of the country, with the maximum drop of INR 500/t observed in Raipur,central India. Rebar…