Tag: billet/bloom/ingot

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, remained downwards today. Offers floated by the mills decrease by up to INR 500/t. Sponge iron prices were plunged by INR 450/t. Demand of sponge iron remained low throughout the day. Around 2,400(t) of trade happened at INR 32,600-32,700 DAP Durgapur. Billet prices fell by INR…