Tag: Indian Billet and DRI offers

Sponge prices drop by INR 50-250/t in most markets Trade remains limited amid need-based buying India’s induction furnace (IF) steel market witnessed mixed trends today, with mills offering prices in the range of INR 50-300/tonne (t) d-o-d on 12 August 2025. Sponge iron prices decreased by INR 50-250/t d-o-d across locations except in the markets…