Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 22 Jun
India’s induction furnace (IF) steel market witnessed positive trends, while offers floated by the mills increased up to INR 900/tonne (t) d-o-d on 22 June, 2022. Sponge iron and billet prices rose in the range of INR 150-900/t. Prices increased by INR 700/t in Durgapur’s sponge iron market. Rebar (Fe 500) offers surged in the…