Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 16 Aug

Aug 16, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills surged to INR 1,000/tonne d-o-d on 16 August, 2022. Sponge iron prices rose in the range of INR 50-600/t. Prices increased in Raipur and Rourkela’s sponge iron market by INR 600/t. Billet prices rose in the range of INR…