Tag: BILLET
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Indian DRI, billet and re-bar update – 22 Feb
India’s induction furnace (IF) steel market saw moderate response from buyers today even as offers floated by the mills decreased up to INR 400/tonne (t) d-o-d. Sponge iron offers fell sharply by INR 50-250/t. The highest decline of INR 250/t was seen in southern region’s Bellary sponge market. Billet prices dropped in the range of…