Tag: Billet Market
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Indian DRI, billet and re-bar update – 22 Sep
India’s induction furnace (IF) steel market witnessed dull sentiments prevailing today, as offers floated by the mills decreased by INR 100-600/tonne d-o-d on 22 September, 2022. Sponge iron offers also dropped by INR 50-300/t. The highest decline of INR 300/t was seen in eastern region’s Durgapur and Jharsuguda sponge markets. Billet prices dropped by INR…