Tag: Billet updates
-
Indian DRI, billet and re-bar update – 18 Apr
India’s induction furnace (IF) steel market saw moderate demand on 18 Apr’22 and offers from the mid-sized mills increased by up to INR 2,600/tonne (t) ($40) d-o-d. Sponge iron and billet prices shot up in the range of INR 500-2,500/t, with a significant hike seen in Hyderabad, south India. Rebar (Fe 500) offers surged INR…