SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 20 Feb

    Indian DRI, billet and re-bar update – 20 Feb

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market today witnessed moderate response from buyers, while offers by the mills decreased by up to INR 700/tonne (t) d-o-d. Sponge iron offers fell sharply by INR 100-650/t. The highest decline of INR 650/t was seen in Durgapur’s sponge iron market. Billet prices dropped in the range of INR 100-500/t…