Tag: BILLET

Indian DRI, billet and re-bar update – 17 Oct

Oct 17, 2022

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed prices moving downwards today, while offers from the medium-sized mills fell by up to INR 600/t, d-o-d on 17 October 2022. Sponge iron offers dropped by INR 100-300/t. The highest decline of INR 300/t was seen in the Jharsugda sponge market. Billets prices fell sharply in the range…