Tag: Indian Billet and DRI offers

Buyers conduct need-based procurement Sellers trim offers/increase trade discounts India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 50-500/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 in the Raigarh market. Billet tags decreased by INR 50-500/t d-o-d, with…