Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed subdued trends today, with mills adjusting offers by INR 50-400/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-200/t d-o-d, except in the Raipur market where prices increased by INR 50/t. Billet tags decreased by INR 50-400/t d-o-d, but a major hike of INR 200/t was seen in…