Tag: BILLET

Indian DRI, billet and re-bar update – 14 Nov

Nov 14, 2022

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed negative sentiments today as offers floated by the mills decreased in the range of INR 200-1,500/tonne (t) d-o-d on 14 November, 2022. Sponge iron prices in most regions fell by INR 400-750/t. Prices saw a major drop of INR 750/t in Hyderabad sponge iron market. Billets offers also…