Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market experienced moderate trading today. Offers surged in the range of INR 100-500/tonne (t) d-o-d. Sponge iron offers increased by INR 200-300/t d-o-d. Prices increased the steepest, by INR 300/t, in Hyderabad and Chennai. Billet tags rose by INR 100-400/t d-o-d across regions, with the highest rise of INR 400/t…