Tag: BILLET

Indian DRI, billet and re-bar update – 1’March

Mar 1, 2023

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills rose by around INR 700/tonne (t) d-o-d on 1 March, 2023. Sponge iron prices edged up by INR 100-400/t. Prices increased by INR 400/t in Durgapur. Billets prices increased in the range of INR 100-500/t. Prices rose by INR…