Tag: billey/bloom/ingot
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Indian DRI, billet and re-bar update – 31 Dec
The domestic induction furnace (IF) steel market remained supported on 31 Dec’21. Steel prices of the mid-sized mills increased by up to INR 800/tonne (t) ($11/t) d-o-d. Sponge iron and billet prices increased in the range of INR 150-550/t at all locations across the country. Re-bar (Fe 500 grade) prices rose by INR 200-800/t following…