Tag: BILLET

  • Indian DRI, billet and rebar update – 8 Feb

    Indian DRI, billet and rebar update – 8 Feb

    India’s induction furnace (IF) steel market saw weak response across India on offers that prevailed today. Prices saw a decrease up to INR 600/tonne (t) d-o-d on 8 February, 2023. Sponge iron offers fell by INR 50-300/t. The highest decline of INR 300/t was seen in the central region’s Raigarh sponge iron market. Billet prices…