Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 4 Aug

    Indian DRI, billet, rebar update – 4 Aug

    Prices rise on active buying in past few days Spot market sees moderate trading activity  India’s induction furnace (IF) steel market witnessed active buying today, and mills increased offers by INR 50-700/tonne (t) d-o-d on 4 August 2025. Sponge iron offers rose by INR 100-300/t d-o-d, with the sharpest rise of INR 300/t in the…