Tag: Indian Billet and DRI offers

Buyers adopt cautious approach amid market uncertainty High finished inventories limiting the raw material purchase India’s induction furnace (IF) steel market witnessed subdued trading activity today, and mills offers fluctuated by INR 50-500/tonne (t) d-o-d. Sponge iron offers varied by INR 100-200/t d-o-d, with prices dropping INR 200/t d-o-d in Hyderabad but in Ramgarh market…