Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 28 Jun

Jun 28, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by mills of varying capacities increased by up to INR 1,000/tonne (t) d-o-d on 28 June, 2022. Sponge iron and billet prices rose in the range of INR 200-1,000/t. Prices increased by INR 1,000/t in Ramgarh’s sponge iron market. Also, rebar (Fe…