Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed mixed trends today and mill offers fluctuated in the range of INR 100-400/tonne (t) d-o-d across regions on 5 August 2025. Sponge iron offers dropped INR 100-350/t d-o-d, with a major fall of INR 350/t observed in the Durgapur market. Billet tags decreased by INR 100-250/t d-o-d except…