SteelMint

Tag: BILLET

  • Indian DRI, billet and re-bar update – 15 Dec

    Indian DRI, billet and re-bar update – 15 Dec

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    by

    Vinay Tiwari
    in ,

    India’s induction furnace (IF) steel market witnessed a downward trend today. Offers decreased by INR 50-700/tonne (t) d-o-d on 15 December, 2022. Sponge iron offers dropped by INR 50-400/t. The highest decline was seen in central India’s Raipur market. Meanwhile, billet prices fell in the range of INR 50-500/t across regions with the maximum fall…