Tag: BILLET
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Indian DRI, billet and re-bar update – 3 Feb
In India’s induction furnace (IF) steel market, buyers showed moderate interest at prevailing offers today. Prices decreased up to INR 500/tonne (t) d-o-d on 3 February, 2023. Sponge iron offers fell by INR 100-200/t. The highest decline of INR 200/t was seen in the Raipur market. Billet prices dropped in the range of INR 100-500/t…