Tag: billet/bloom/ingot
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India: DRI, billet and re-bar update – 30 Dec
The domestic induction furnace (IF) steel market witnessed mixed trends on 30 Dec’21. Steel prices of the mid-sized mills fluctuated in the range of INR 100-550/tonne (t) d-o-d. Sponge iron prices varied within a range of INR 100-400/t in major markets, with the sharpest fall of INR 400/t seen in Bellary. In contrast, billet prices…