SteelMint

Tag: BILLET

  • Indian DRI, billet and rebar update -16 March

    Indian DRI, billet and rebar update -16 March

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market witnessed a downtrend. Offers across mills fell by up to INR 500/tonne d-o-d on 16 March, 2023. Sponge iron offers sharply fell by INR 100-300/t. The highest decline of INR 300/t was seen in the eastern region’s Jharsuguda sponge iron market. Billets prices dropped in the range of INR…