Tag: billrt/bloom/ingot

Indian DRI, billet and re-bar update – 17 Aug

Aug 17, 2022

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by

Abhishek Rai

in Billet, Semi Finished

India’s induction furnace (IF) steel market witnessed negative price trends, while offers floated by the mills decreased by up to INR 700/tonne (t), d-o-d, on 17 August, 2022. Sponge iron prices fell in the range of INR 100-600/t. Prices decreased in Raigarh’s sponge iron market by INR 600/t. Billet prices dropped in the range of…