Tag: Indian Billet and DRI offers

Buyers limit purchases to immediate needs Prices likely to remain volatile in near term India’s induction furnace (IF) steel market experienced slow trading today. Offers floated by mills declined by INR 50-500/tonne (t) d-o-d. Sponge iron offers declined by INR 150-200/t d-o-d. Prices decreased by the steepest amount in Chennai, by INR 200/t. However, prices…