Tag: billet/bloom/ingot

India: IF-route semis’ prices range-bound amid weak steel demand in West Bengal

Sep 6, 2022

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by

Abhishek Rai

in Billet, Semi Finished

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, fell marginally today. Offers floated by the mills dropped by INR 50/t. Sponge iron prices were stable today. Around 3,200 t of trade happened in a range of INR 32,500-32,600/t DAP Durgapur. Billet prices fell by INR 50/t. Sellers were under pressure amid lack of…