Tag: billet/bloom/ingot
-
Indian DRI, billet and re-bar update – 2 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 50-1,300/tonne d-o-d on 2 May’22. Sponge iron and billet prices fluctuated in the range of INR 50-1,300/t following a sharp rise of INR 1,300/t seen in Mandi Gobindgarh’s billet market. Also, rebar (Fe…