Tag: BILLET

Indian DRI, billet and re-bar update – 15 Nov

Nov 15, 2022

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market continued to witness a downtrend in prices as offers floated by the mills decreased in the range of INR 100-700/tonne d-o-d on 15 November, 2022 Sponge iron prices in most regions declined by INR 100-600/t. Prices fell sharply by INR 600/t in the Jharsugda market. Billets offers also dropped…