Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 26 Jul

Jul 26, 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 increased by up to INR 1,300/tonne (t) d-o-d on 26 July, 2022. Sponge iron prices rose in the range of INR 200-1,000/t. Prices increased in Raipur by INR 1,000/t. Billet prices rose in the range of INR 400-1,050/t. A…