Tag: BILLET
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Indian DRI, billet and re-bar update – 11 Nov
India’s induction furnace (IF) steel market saw dull response at prevailing offers. Prices decreased by up to INR 1,000/tonne, d-o-d on 11 November, 2022. Sponge iron offers dropped by INR 150-500/t. The highest decline was seen in the eastern region’s Jharsugda and Durgapur market. Meanwhile, billets prices fell in the range of INR 100-800/t across…