SteelMint

Tag: BILLET

  • Indian DRI, billet and rebar update – 21 Mar

    Indian DRI, billet and rebar update – 21 Mar

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market witnessed a downtrend. Meanwhile, offers across mills dropped by up to INR 1,000/tonne d-o-d on 21 March, 2023. Sponge iron offers sharply fell by INR 100-500/t. The highest decline of INR 500/t was seen in the eastern region’s Jharsuguda sponge iron market. Billet prices dropped in the range of…