Tag: billet/bloom/ingot
-
Indian DRI, billet and re-bar update – 11 Jul
India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills increased by up to INR 1,050/tonne (t) d-o-d on 11 July, 2022. Sponge iron and billet prices rose in the range of INR 250-1,050/t. Prices surged INR 1,050/t in Rourkela’s sponge iron market. Also, rebar (Fe 500) offers increased…