Tag: billet/bloom/ingot
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India: Semi-finished steel prices drop amid dull trading in West Bengal
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, decreased today. Offers floated by the mills fell up to INR 300/t. Sponge iron prices fell by INR 150/t today. Around 3,800 t of trades happened at INR 30,500-30,700/t DAP Durgapur. Billet prices witnessed a drop of INR 100/t. Sellers reduced offers amid lack of…