Tag: BILLET
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Indian DRI, billet and rebar update – 4 Nov
India’s induction furnace (IF) steel market saw moderate response at prevailing offers. Prices decreased by INR 700/tonne, d-o-d on 4 November, 2022. Sponge iron offers dropped by INR 200-400/t. The highest decline was seen in the central region’s Raipur market. Meanwhile, billets prices fell in the range of INR 100-500/t across regions with the maximum…