Tag: Indian Billet and DRI offers

Trading stalls amid Ganesh Chaturthi  Buyers adopt wait-and-watch stance India’s induction furnace (IF) steel market experienced a slowdown due to the Ganesh Chaturthi festival, with mills’ offers fluctuating by INR 50-500/tonne (t) d-o-d on 27 August 2025. Sponge iron offers increased by INR 50-150/t d-o-d, with the steepest hike of INR 150/t in Raigarh. Billet…