SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 11 Oct

    Indian DRI, billet and re-bar update – 11 Oct

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market witnessed dull sentiments prevailing today, as offers floated by the mills decreased in the range of INR 50-600/tonne d-o-d. Sponge iron offers dropped by INR 100-450/t. The highest decline of INR 300/t was seen in the Durgapur market. Moreover, billet offers edged down in the range of INR 200-450/t.…