Tag: Indian Billet and DRI offers

Sponge iron, billet producers try to raise prices Finished market remains soft, limiting uptrend India’s induction furnace (IF) steel market witnessed mixed response today, and mills’ offers fluctuated by INR 100-200/tonne (t) d-o-d. Sponge iron offers varied by INR 100-200/t d-o-d, with the steepest fall of INR 200/t in the Hyderabad market. Billet offers fluctuated…