Tag: BILLET PRICE
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Indian DRI, billet and re-bar update – 18 Oct
India’s induction furnace (IF) steel market witnessed dull sentiments today. Offers from the medium-sized mills fell by up to INR 500/t d-o-d on 18 October 2022. Sponge iron offers dropped by INR 100-450/t. The highest decline of INR 450/t was seen in the Durgapur sponge market. However, a slight hike of INR 150/t was seen…