Tag: BILLET

Indian DRI, billet and re-bar update – 23 Feb

Feb 23, 2023

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnesed price correction today as offers by the mills decreased up to INR 300/t on 23 February, 2023. Sponge iron offers fell sharply by INR 50-300/t. The highest decline of INR 300/t was seen in Jharsuguda’s sponge iron market. Billet prices dropped in the range of INR 100-300/t across…