SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 1 Jun

    Indian DRI, billet and re-bar update – 1 Jun

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    by

    Abhishek Rai
    in

    India’s induction furnace (IF) steel market witnessed prices edging downwards, while offers floated by mills plunged INR 1,500/tonne ($19)  d-o-d on 1 Jun’22. Sponge iron and billet prices dropped in the range of INR 200-1,000/t following a decline of INR 1,000/t in Hyderabad’s billet market. Rebar (Fe 500) offers declined in the range of INR…