Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 12 Aug
India’s induction furnace (IF) steel market witnessed positive price trends, while offers across mills surged by up to INR 900/tonne d-o-d, on 12 August. Sponge iron prices rose in the range of INR 100-500/t. Prices increase in Ramgarh and Jharsugda’s sponge iron market by INR 500/t. Billet prices rose in the range of INR 200-900/t.…