Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed subdued activity today, with mills reducing offers by INR 50-300/tonne (t) d-o-d. Sponge iron offers dropped by INR 50-250/t d-o-d, with the steepest fall of INR 250/t seen in the Durgapur market. Billet tags declined by INR 100-300/t d-o-d, with the sharpest fall of INR 300/t witnessed in…