Tag: BILLET

  • Indian DRI, billet and re-bar update – 19 Oct

    Indian DRI, billet and re-bar update – 19 Oct

    India’s induction furnace (IF) steel market noticed mixed trends and offers varied in the range of INR 50-500/tonne (t) d-o-d on 19 October 2022. Sponge iron prices surged by INR 50-200/t following a maximum increase of INR 200/t observed in the central region’s Raipur and Raigarh sponge iron markets. Billets prices fluctuated by INR 100-500/t…