SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 21 Dec

    Indian DRI, billet and re-bar update – 21 Dec

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market saw negative price trends, while offers across mills decreased by up to INR 600/tonne d-o-d on 21 December, 2022. Meanwhile, in a significant development, sponge iron offers sharply fell by INR 250-600/t. The highest decline of INR 600/t was seen in the Jharsugda’s sponge iron market. Billets prices dropped…