Tag: BILLET
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Indian DRI, billet and re-bar update – 16 Nov
India’s induction furnace (IF) steel market witnessed weak buying interest across regions today against prevailing offers. Prices decreased in the range of INR 100-1,300/tonne (t) d-o-d on 16 November, 2022. Sponge iron prices in most regions declined by INR 150-800/t. Prices witnessed a major drop of INR 800/t in Raigarh, central India. Billet offers dropped…