Tag: BILLET

Indian DRI, billet and re-bar update – 25 Jan

Jan 25, 2023

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by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed negative price trends, while offers quoted by the mills decreased by up to INR 500/tonne (t) d-o-d on 25 January, 2023. Sponge iron offers fell sharply by INR 100-300/t. The highest drop of INR 300/t was seen in the Hyderabad market. Billet prices dropped in the range of…