Tag: Indian Billet and DRI offers

Elevated stocks, weak finished steel demand dampen sentiment Prices fall d-o-d as manufacturers reduce quotes, offer discounts India’s induction furnace (IF) steel prices fell d-o-d across regions on 8 June 2026. Sponge iron prices decreased by INR 100-300/t d-o-d, with the sharpest decline of INR 300/t recorded in Ramgarh, where prices settled at INR 23,500/t.…