Tag: Indian Billet and DRI offers

Limited raw material availability supports prices Buying activity improves, despite regional variations India’s induction furnace (IF) steel market witnessed moderate trading today, with mills hiking offers by INR 100-500/tonne (t) d-o-d. Sponge iron offers increased by INR 200-500/t d-o-d. Prices rose the steepest, by INR 500/t, in Raigarh. Billet tags climbed up by INR 200-500/t…