Tag: billet/bloom/ingot

The domestic induction furnace (IF) steel market struck a dull note on 4 Jan’22. Steel prices of the mid-sized mills decreased by up to INR 400/tonne (t) ($5/t) d-o-d. Sponge iron and billet prices fluctuated in the range of INR 50-400/t in many regions across the country. However, the re-bar market remained stable. Offers for…