Tag: Indian Billet and DRI offers

Market sees muted inquiries, need-based buying Producers reduce offers, increase trade discounts India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 50-300/tonne (t) d-o-d. Sponge iron offers dropped by INR 50-300/t d-o-d, with a fall of INR 300/t in Chennai. However, in Raigarh, prices inched up by INR…