Tag: Indian Billet and DRI offers

Inquiries decline, producers face sales pressure Sellers offer trade discounts to boost trading India’s induction furnace (IF) steel market witnessed weak sentiments today, and mills reduced offers by INR 100-400/tonne (t) d-o-d. Sponge iron offers fell by INR 100-300/t d-o-d across most locations, with a major decline of INR 300/t seen in the  Durgapur market.…