Tag: billet/bloom/ingot
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India: Semi-finished steel market in West Bengal remains volatile, longs prices edge up
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, remained volatile today. Offers floated by the mills varied in the range of INR 100-300/t. Sponge iron prices decreased by INR 100/t. Around 2,700 t of trades happened at INR 32,500-32,600/t DAP Durgapur. Billet prices rose by INR 200/t. Demand for billet was moderate today…