Tag: Billet Prices

  • Indian DRI, billet and rebar update – 31 Jan

    Indian DRI, billet and rebar update – 31 Jan

    India’s induction furnace (IF) steel market saw dull response at prevailing offers. Prices decreased by INR 550/tonne d-o-d on 31 January, 2023. Sponge iron offers dropped by INR 100-550/t. The highest decline was seen in eastern region’s Durgapur market. Meanwhile, billets prices fell in the range of INR 100-500/t across regions with the maximum fall…