Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 21 Jul

Jul 21, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed downward price trends, while offers floated by mills of varying capacities dropped by up to INR 1,050/tonne d-o-d on 21 July, 2022. Sponge iron and billet prices fell in the range of INR 50-1,050/t. Prices decreased by INR 1,050/t in Ramgarh’s billet market. Also, rebar (Fe 500) offers…