Tag: BILLET
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Indian DRI, billet and re-bar update – 7 Nov
India’s induction furnace (IF) steel market saw moderate response at prevailing offers. Prices decreased by up to INR 550/tonne, d-o-d on 7 November 2022. Sponge iron offers dropped by INR 150-450/t. The highest decline was seen in Bellary and eastern region’s Durgapur market. Meanwhile, billets prices fell in the range of INR 100-550/t across regions…