SteelMint

Tag: bloom/billet/ingot

  • Indian DRI, billet and re-bar update – 07 Jan

    Indian DRI, billet and re-bar update – 07 Jan

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    by

    Abhishek Rai
    in

    The domestic induction furnace (IF) steel market witnessed a surge in prices on 7 Jan’22. Steel prices of the mid-sized mills increased by up to INR 1,000/tonne (t) ($13/t) d-o-d. Sponge iron and billet prices rose by INR 300-900/t across locations in the country. Billet prices witnessed a sharp hike of INR 1,000/t in Hyderabad.…