Tag: Indian Billet and DRI offers

Weak finished demand pressures upstream segments Sellers reduce offers amid heavy rains, festive period India’s induction furnace (IF) steel market witnessed dull sentiments today, with mills reducing offers by INR 50-400/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-250/t d-o-d, with a decrease of INR 250/t seen in Raigarh. Billet tags decreased by INR…