Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed dull sentiments today, with mills reducing offers by INR 50-300/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-200/t d-o-d, with a drop of INR 200/t seen in the Ramgarh market. Billet tags decreased by INR 50-300/t d-o-d across locations, with Raigarh and Mumbai, witnessing a drop of…