SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 20 Mar

    Indian DRI, billet and re-bar update – 20 Mar

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market witnessed negative price trends today, while offers floated by the mills decreased by up to INR 700/tonne (t) d-o-d. Sponge iron offers fell sharply by INR 100-600/t. The steepest decline of INR 600/t was witnessed in the Raigarh market. Steel billets prices dropped in the range of INR 100-700/t…