Tag: BILLET
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Indian DRI, billet and re-bar update -19 Dec
India’s induction furnace (IF) steel market saw dull response at prevailing offers. Prices decreased by INR 400/tonne d-o-d on 19 December, 2022. Sponge iron offers also dropped by INR 50-350/t. The highest decline was seen in the southern region’s Hyderabad market. Meanwhile, billets prices fell in the range of INR 100-350/t across regions with the…