Tag: billrt/bloom/ingot
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Indian DRI, billet and re-bar update – 30 Mar
India’s induction furnace (IF) steel market continued to remain weak on account of slow demand on 30 Mar’22 as offers from the mid-sized mills declined by up to INR 800/tonne (t) ($10) d-o-d. Sponge iron and billet prices decreased in the range of INR 100-650/t following a major drop of INR 650/t being noticed in…