SteelMint

Tag: BILLET

  • Indian DRI, billet and rebar update – 9 Feb

    Indian DRI, billet and rebar update – 9 Feb

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market saw buyers showing weak demand at offers prevailing currently. Prices decreased by up to INR 600/tonne (t) d-o-d on 9 February, 2023. Sponge iron offers fell by INR 50-150/t. The highest decline of INR 150/t was seen in Jharsuguda’s sponge iron market. Billet prices dropped in the range of…