SteelMint

Tag: ‘BIS’ Grade MS Billet

  • Indian DRI, billet and re-bar update – 27 Dec

    Indian DRI, billet and re-bar update – 27 Dec

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    by

    Abhishek Rai
    in

    The domestic induction furnace (IF) steel market witnessed positive sentiments on 24 Dec’21. Prices of secondary steel products of the mid-sized mills increased by up to INR 1,500/tonne (t) ($20/t) d-o-d. Sponge iron and billet prices moved up by INR 600-1,500/t across all locations in the country, following a major hike of around INR 1,500/t…