Tag: billet/bloom/ingot

The domestic induction furnace (IF) steel market remained supported on 20 Jan’22. Steel prices of the mid-sized mills increased by up to INR 700/tonne (t) ($9) d-o-d. Semi-finished steel, including sponge iron and billet, offers moved up by INR 200-550/t across regions following a sharp hike of INR 800/t in Gujarat’s billet market. Re-bar (Fe…