Tag: BILLET
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Indian DRI, billet and rebar update – 2 Feb
India’s induction furnace (IF) steel market saw negative price trends. Meanwhile, offers across mills decreased by up to INR 700/tonne d-o-d on 2 February, 2023. Sponge iron offers dropped by INR 100-450/t. The highest decline was seen in the eastern region’s Ramgarh and Durgapur markets. Meanwhile, billets prices fell in the range of INR 100-500/t…