Tag: Indian Billet and DRI offers

Sponge iron, billet tags rise; rebar fluctuates Limited raw material supply supports prices India’s induction furnace (IF) steel market saw mixed trends today. Offers floated by mills varied in the range of INR 50-400/tonne (t) d-o-d. Sponge iron offers rose by INR 50-150/t d-o-d across regions, with the sharpest increase of INR 150/t seen in…