Tag: BILLET
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Indian DRI, billet and re-bar update – 13 Feb
India’s induction furnace (IF) steel market witnessed downward price trends, while offers floated by the mills decreased by up to INR 1,300/tonne (t) d-o-d on 13 February, 2023. Sponge iron offers dropped by INR 250-700/t. The highest decline was seen in the eastern region’s Jharsuguda market. Meanwhile, billet prices fell in the range of INR…