Tag: BILLET

  • Indian DRI, billet and re-bar update – 14 Dec

    Indian DRI, billet and re-bar update – 14 Dec

    India’s induction furnace (IF) steel market remained weak on 14 December. Offers were floated lower by INR 100-500/tonne (t) d-o-d compared to the previous day. Sponge iron offers dropped by INR 100-350/t. The highest decline was seen in the central region’s Raigarh market. Meanwhile, billets prices fell in the range of INR 100-500/t across regions…