SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 27 Jan

    Indian DRI, billet and re-bar update – 27 Jan

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    by

    Abhishek Rai
    in

    Steel prices in the domestic induction furnace (IF) market remained supported on 27 Jan’22. Prices of the mid-sized mills surged up to INR 1,350/tonne (t) ($18/t) d-o-d. Sponge iron and billet offers increased in the wide range of INR 100-1,350/t across locations in the country. A sharp hike of around INR 1,350/t was observed in…