Tag: billet/bloom/ingot

India: Semis prices in West Bengal inch down on low finished steel demand

Sep 5, 2022

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by

Abhishek Rai

in Billet, Semi Finished

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, remained in negative zone today. Offers floated by the mills dropped by INR 400/t. Sponge iron prices decreased by INR 400/t. Around 2,200 t of trades happened at INR 32,500-32,600/t DAP Durgapur. Billet prices fell by INR 400/t. Demand for billet remained sluggish today…