Tag: BILLET
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Indian DRI, billet and re-bar update – 12 Oct
India’s induction furnace (IF) steel market saw a price correction today, as offers from mills fell by up to INR 500/tonne (t) d-o-d. Sponge iron offers dropped by INR 50-250/t. The sharpest decline of INR 250/t was seen in Durgapur’s sponge market. Billet prices dropped in the range of INR 100-500/t across markets, with the…