Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed mixed trends today, with mills varying offers by INR 50-300/tonne (t) d-o-d. Sponge iron offers fluctuated by INR 50-250/t d-o-d, with a major hike of INR 250/t in Raigarh. However, In Chennai region, prices fell by INR 300/t. Billet tags moved up INR 50-300/t d-o-d, with the sharpest…