Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 12 Jan
The domestic induction furnace (IF) steel market remained on positive side as on 12 Jan’22. Steel prices of the mid-sized mills increased by up to INR 600/tonne (t) ($8/t) d-o-d. Sponge iron and billet offers rose in the range of INR 50-250/t across locations in the country. Whereas, prices fell by INR 500/t in Hyderabad’s…