Tag: billet/bloom/ingot

Domestic induction furnace (IF) steel market witnessed a price correction on 28 Jan’22. Offers from mid-sized mills decreased by up to INR 500/tonne (t) ($7/t) d-o-d. Sponge iron and billets offers declined by INR 50-500/t in many regions across country while offers in a few other markets still remained tight in the range of INR…