Tag: BILLET
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Indian DRI, billet and re-bar update – 20 Dec
India’s induction furnace (IF) steel market saw price corrections, while offers from the medium-sized mills fell by up to INR 500/tonne (t) d-o-d on 20 December, 2022. Sponge iron offers dropped by INR 100-450/t. The highest decline of INR 450/t was seen in the Bellary sponge market. Billets prices dropped in the range of INR…