Tag: billet/bloom/ingot

The domestic induction furnace (IF) steel market witnessed subdued prices on 5 Jan’22. Steel prices of the mid-sized mills decreased by up to INR 1000/tonne (t) ($13/t) d-o-d. Sponge iron and billet prices declined by INR 100-800/t at all locations across the country. However, a noticeable fall of INR 1,000/t happened at Rourkela’s billet market…