Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed active sentiment today, and offers by the mills varied in the range of INR 100-500/tonne (t) d-o-d. Sponge iron offers increased by INR 100-450/t d-o-d across regions. However, in Hyderabad and Chennai market the prices dropped by INR 100/t. Billet prices rose by INR 100-500/t d-o-d across regions,…