Tag: billet/bloom/ingot

Indian DRI, billet and re-bar update- 6 May

May 6, 2022

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by

Abhishek Rai

in Billet

India’s induction furnace (IF) steel market witnessed mixed price trends, while offers from the medium-sized mills varied in the range of INR 50-1,000/tonne d-o-d, on 6 May 2022. Sponge iron and billet prices fluctuated in the range of INR 50-1,000/t following a sharp rise of INR 1000/t seen in Hyderabad’s billet market. Also, rebar (Fe…