Tag: BILLET
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Indian DRI, billet and re-bar update – 2 Nov
India’s induction furnace (IF) steel market witnessed a downward trend in prices. Offers floated by the mills decreased by INR 100-500/tonne (t) d-o-d on 2 November, 2022. Sponge iron offers dropped by INR 100-400/t. The highest decline of INR 400/t was seen in the Durgapur market. Moreover, billet prices fell in the range of INR…