Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 1 Aug

Aug 1, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed positive price trends, as offers floated by the mills increased by up to INR 1,100/tonne (t) d-o-d on 1 August. Sponge iron prices rose in the range of INR 50-700/t. Prices increased in Raigarh’s sponge iron market by INR 700/t. Billet prices surged in the range of INR…