Tag: Indian Billet and DRI offers

Weak finished steel demand weighs on market sentiment Producers reduce offers or provide discounts to attract buyers India’s induction furnace (IF) steel prices fell d-o-d across regions on 3 July 2026. Sponge iron prices decreased by INR 100-300/t d-o-d, with the sharpest decline of INR 300/t recorded in Raipur, where prices settled at INR 23,550/t.…