Tag: Billet Market
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Indian DRI, billet and re-bar update – 20 Sep
India’s induction furnace (IF) steel market witnessed price corrections across product categories. Offers from the medium-sized mills fell by up to INR 1,000/tonne (t) d-o-d, on 20 September, 2022 amid limited buying except in central region as sellers were under pressure to liquidate inventories. Sponge iron offers dropped by INR 250-500/t. The highest decline was…