Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 24 Jun

Jun 24, 2022

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by

Abhishek Rai

in Billet

India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills increased up to INR 1,000/tonne d-o-d on 24 June, 2022. Sponge iron and billet prices surged in the range of INR 50-800/t. Prices increased by INR 800/t in Durgapur’s billet market. Rebar (Fe 500) offers rose in the range…