Tag: Billet Market

India’s induction furnace (IF) steel market witnessed a downward price trend today.  Offers floated by mills decreased by up to INR 1,000/tonne (t) d-o-d on 29 August, 2022. Sponge iron prices fell by INR 200-750/t. Prices dropped by INR 750/t in the Raigarh sponge iron market. Billet prices dropped in the range of INR 400-1,000/t…