Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 8 Jul
India’s induction furnace (IF) steel market witnessed positive price trends today even as offers across regions increased by up to INR 1,500/tonne d-o-d on 8 July, 2022. Sponge iron and billet prices rose in the range of INR 250-1,300/t. Prices surged by INR 1,300/t in Rourkela’s billet market. Also, rebar (Fe 500) offers climbed in…