Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 8 Oct

    Indian DRI, billet, rebar update – 8 Oct

    Prices continue to fall amid heavy selling pressure Producers offering substantial discounts to liquidate material  India’s induction furnace (IF) steel market witnessed subdued trading activity today, and mills reduced offers by INR 50-300/tonne (t) d-o-d. Sponge iron offers decreased by INR 100-250/t d-o-d, with prices dropping INR 250/t in Durgapur market. Billet offers declined by…