Tag: billet/bloom/ingot
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India: Semi-finished steel prices edge up as trade improves in West Bengal
Induction furnace (IF)-origin semi-finished steel prices in West Bengal’s Durgapur increased today as offers floated by the mills rose up to INR 600/t. Sponge iron prices increased by INR 450/t today. Around 5,300 t of trade happened at INR 31,300-31,500/t DAP Durgapur. Billet prices rose INR 600/t. Sellers increased offers amid active demand today and around…