Tag: BILLET

Indian DRI, billet and re-bar update – 13 Oct

Oct 13, 2022

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed a downward price trend, while offers from the medium-sized mills fell by up to INR 700/tonne (t) d-o-d on 13 October 2022. Sponge iron offers dropped by INR 50-200/t. Moreover, billets prices dropped in the range of INR 50-700/t across regions with the maximum fall of INR 700/t…