SteelMint

Tag: billet/bloom/ingot

  • Indian DRI, billet and re-bar update – 23 Nov

    Indian DRI, billet and re-bar update – 23 Nov

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    by

    Abhishek Rai
    in ,

    India’s induction furnace (IF) steel market witnessed negative trends with prices inching down, as offers by the key mills fell up to INR 2,100/tonne d-o-d on 23 November, 2022. Sponge iron prices shrank by INR 350-1,900/t. Prices witnessed a sharp fall in Jharsugda’s sponge iron market by INR 1,900/t. Billet prices edged down in the…