Tag: Indian Billet and DRI offers

Mills face inventory pressure of 12-15 days Trade discounts lifted to liquidate material India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 50-400/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-250/t d-o-d, with the steepest fall of INR 250/t in Ramgarh and Raigarh. Billet tags decreased by…