Tag: billet/bloom/ingot

The domestic induction furnace (IF) steel market witnessed dull trends on 21 Jan’22. Steel prices of the mid-sized mills decreased by up to INR 650/tonne (t) ($9) d-o-d. Semi-finished steel, including sponge iron and billet, offers fell by INR 100-650/t in major markets, whereas prices remained supported in the southern region’s sponge iron market, increasing…