Tag: BILLET

Indian DRI, billet and rebar update – 18 Jan

Jan 18, 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 across mills decreased by up to INR 800/tonne d-o-d on 18 January, 2023. Sponge iron offers fell sharply by INR 200-400/t. The highest decline of INR 400/t was seen in the Bellary sponge iron market. Billet prices dropped in the range of INR…