Tag: BILLET

Indian DRI, billet and re-bar update – 3’March

Mar 3, 2023

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market saw moderate trading activities today, while offers floated by the mills decreased up to INR 500/t on 3 March, 2023. Sponge iron offers fell sharply by INR 100-300/t. The highest decline of INR 300/t was seen in the Durgapur sponge iron market. Billet prices dropped in the range of…