Tag: Indian Billet and DRI offers

Market sees need-based buying, muted inquiries Approaching festive season weighs on demand India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills’ offers varied by INR 50-300/tonne (t) d-o-d. Sponge iron offers decreased by INR 50-300/t d-o-d with the sharpest fall in Hyderabad market by INR 300/t. However, prices increased by INR 300/t…