Tag: BILLET

  • Indian DRI, billet and re-bar update – 28 Oct

    Indian DRI, billet and re-bar update – 28 Oct

    India’s induction furnace (IF) steel market witnessed dull sentiments today. Offers floated by the mills decreased in the range of INR 100-800/tonne (t) d-o-d on 28 October, 2022. Sponge iron offers dropped by INR 200-700/t. The highest decline of INR 700/t was seen in the Jharsugda sponge market. Moreover, billet offers edged down in the…