SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 24 Nov

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

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    by

    Abhishek Rai
    in ,

    India’s induction furnace (IF) steel market witnessed negative price trends as offers floated by the mills fell up to INR 1,800/tonne d-o-d on 24 November, 2022. Sponge iron prices dropped in the range of INR 350-1,500/t. Prices declined in Raigarh’s sponge iron market by INR 1,500/t. Billet prices shrank in the range of INR 500-1,050/t.…