Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 03 Jan
The domestic induction furnace (IF) steel market witnessed a price hike on 3 Jan’22. Steel prices of the mid-sized mills increased by up to INR 750/tonne (t) ($10/t) d-o-d. Sponge iron and billet prices increased in the range of INR 100-700/t at all locations across the country. However a major hike of INR 750/t was…