SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 10 Jan

    Indian DRI, billet and re-bar update – 10 Jan

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    by

    Abhishek Rai
    in

    The domestic induction furnace (IF) steel market witnessed a surge in prices on 10 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 prices rose in the range of INR 100-500/t across locations in the country. Billet prices witnessed a sharp hike of INR…