Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 1 Jul

Jul 1, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed upward price trends, while offers from mills increased by up to INR 1,000/tonne d-o-d, on 1 July’22. Sponge iron and billet prices rose in the range of INR 100-1,000/t. Prices surged by INR 1,000/t seen in Chennai’s billet market. Also, rebar (Fe 500) offers rose in the range…