Tag: BILLET

Indian DRI, billet and re-bar update – 24 Jan

Jan 24, 2023

—

by

Vinay Tiwari

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed mixed price trends, while offers by the mills fluctuated in the range of INR 100-1,000/tonne (t) d-o-d on 24 January, 2023. Sponge iron offers fell sharply by INR 100-300/t. The highest decline of INR 300/t was seen in the Durgapur sponge iron market. Billet prices dropped in the…