SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 13th Jan

    Indian DRI, billet and re-bar update – 13th Jan

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    by

    Abhishek Rai
    in

    The domestic induction furnace (IF) steel market saw prices heading north on 13 Jan’22. Steel prices of the mid-sized mills increased by up to INR 1000/tonne (t) ($13/t) d-o-d. Sponge iron and billet offers rose in the range of INR 150-1000/t across locations in the country. However, a sharp hike of INR 1000/t was observed…