Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 16 Jun
India’s induction furnace (IF) steel market witnessed prices trending higher, while offers by mills increased up to INR 700/tonne d-o-d on 16 Jun’22. Sponge iron and billet prices surged in the range of INR 100-700/t following a rise of INR 700/t in Raigarh’s billet market. Also, rebar (Fe 500) offers remained elevated in the range…