SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 23 Mar

    Indian DRI, billet and re-bar update – 23 Mar

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market witnessed negative price trends, while offers across mills  decreased by up to INR 400/tonne d-o-d, on 23 March, 2023. Sponge iron offers sharply fell by INR 100-300/t. The highest decline of INR 300/t was seen in the Raigarh and Durgapur sponge iron markets. Billet prices dropped in the range of…