Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 20 Jun
India’s induction furnace (IF) steel market witnessed prices trending lower, while offers floated by mills of varying capacities dropped up to INR 650/tonne (t) d-o-d on 20 Jun’22. Sponge iron and billet prices decreased in the range of INR 100-650/t, with the exception of Chennai where billet prices rose INR 500/t d-o-d. Also, rebar (Fe…