Tag: BILLET

  • Indian DRI, billet and re-bar update – 9 Dec

    Indian DRI, billet and re-bar update – 9 Dec

    India’s induction furnace (IF) steel market witnessed prices trending higher today. Offers floated by the mills increased by INR 50-500/tonne (t) d-o-d on 9 December, 2022. Sponge iron prices rose in the range of INR 50-500/t. Prices increased in Hyderabad by INR 500/t. Billet prices edged up by INR 50-300/t. The sharpest rise of INR…