Tag: BILLET

  • Indian DRI, billet and re-bar update – 13 Dec

    Indian DRI, billet and re-bar update – 13 Dec

    India’s induction furnace (IF) steel market saw dull response at prevailing offers. Prices decreased by INR 500/tonne, d-o-d on 13 December, 2022. Sponge iron offers dropped by INR 50-500/t. The highest decline was seen in the southern region’s Bellary market. Meanwhile, billets prices fell in the range of INR 100-500/t across regions with the maximum…