Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed sluggish trading activity today, and mills reduced offers by INR 100-500/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-250/t d-o-d, with prices dropping INR 250/t d-o-d in the Ramgarh and Raigarh markets. Billet tags decreased by INR 100-300/t d-o-d with prices in Chennai dropping by INR 300/t.…