Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 15 Jul

Jul 15, 2022

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by

Abhishek Rai

in Billet

India’s induction furnace (IF) steel market witnessed negative price trends today. Offers across mills decreased by upto INR 1,000/tonne d-o-d on 15 July 2022. Sponge iron and billet prices dropped in the range of INR 50-900/t. Prices fell by INR 900/t in Raigarh’s and Raipur billet market. Also, rebar (Fe 500) offers dropped by INR…