Tag: BILLET

  • Indian DRI, billet and rebar update – 1 Feb

    Indian DRI, billet and rebar update – 1 Feb

    India’s induction furnace (IF) steel market noticed upward trends in prices and offers rose by up to INR 700/tonne (t) d-o-d on  1 February, 2023. Sponge iron prices increased in the range of INR 100-350/t across regions. Maximum hike of INR 350/t was seen in eastern region’s Raigarh market. Billet prices fluctuated in the range…