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 on 21 August 2025. Sponge iron offers dropped by INR 50-200/t d-o-d, with a steep fall of INR 200/t seen in Raipur. In Durgapur, however, prices inched up by INR 50/t . Billet tags inched lower,…