Tag: billet/bloom/ingot
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India: Semis prices drop further in West Bengal amid subdued sentiments
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, fell today. Offers floated by the mills decreased by as much as INR 600/t. Sponge iron: Prices dropped by INR 450/t d-o-d, however, demand recovered slightly in the second half. Around 4,400 t deals were concluded at INR 33,000-33,200 DAP. Billet: Prices declined by INR…