Tag: billet/bloom/ingot

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal continued to fall with mills decreasing offers upto INR 700/t today. Sponge iron prices also dropped by INR 450/t today and around 4,300 t of deals were concluded at INR 30,700-30,900/t DAP Durgapur. Billet prices witness decrease by INR 200/t. Seller’s reduced offer amid limited…