Tag: billet/bloom/ingot

Indian DRI, billet and rebar update – 19 Jan

Jan 19, 2023

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed downward price trends, while offers across mills decreased by up to INR 700/tonne d-o-d on 19 January, 2023. Sponge iron prices edged down by INR 50-700/t. Prices saw a fall in Hyderabad’s sponge iron market by INR 700/t. Billets prices fell in the range of INR 50-500/t. Prices…