Tag: billet/bloom/ingot
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Indian DRI, billet and re-bar update – 13 May
India’s induction furnace (IF) steel market witnessed mixed price trends, while offers from the medium-sized mills varied in the range of INR 50-500/tonne (t) d-o-d, on 13 May, 2022. Sponge iron and billet prices fluctuated in the range of INR 50-500/t, following a decline of INR 500/t in Durgapur’s billet market. Moreover, rebar (Fe 500)…