Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market experienced active trading today. Offers surged in the range of INR 50-500/tonne (t) d-o-d. Sponge iron offers increased by INR 100-300/t d-o-d. Prices increased the steepest, by INR 300/t, in Hyderabad. However, in Durgapur market prices inched down by INR 50/t. Billet tags surged by INR 100-500/t d-o-d, with…