Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 31 May
India’s induction furnace (IF) steel market witnessed mixed price trends, while offers across mills varied in the range of INR 100- 1,500/tonne d-o-d on 31 May’22. Sponge iron and billet prices dropped in the range of INR 100-1,500/t following a decrease of INR 1,500/t seen in Durgapur’s billet market. Rebar (Fe 500) offers fluctuated in…