Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update – 14 Jun

Jun 14, 2022

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by

Abhishek Rai

in Billet

India’s induction furnace (IF) steel market witnessed prices trending down, while offers floated by mills of varying capacities decreased by up to INR 800/tonne (t) d-o-d on 14 June 2022. Sponge iron and billet prices plunged in the range of INR 100-800/t following a decline of INR 800/t seen in Mandi Gobindgarh’s billet market. Rebar…