SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 6 Jan’23

    Indian DRI, billet and re-bar update – 6 Jan’23

    —

    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market saw weak demand at prevailing offers. Offers decreased by INR 600/tonne d-o-d on 6 January 2023. Sponge iron offers dropped by INR 100-600/t. The highest decline was seen in the eastern region’s Jharsuguda market. Meanwhile, billets prices fell in the range of INR 100-500/t across regions with the maximum…