Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed dull sentiments on 24 June 2025. Mills reduced offers by INR 50-400/tonne (t) d-o-d. Sponge iron offers dropped by INR 50-100/t d-o-d across the locations except in Chennai market where price inched up by INR 200/t. Billet tags decreased by INR 50-300/t d-o-d and the sharpest fall in…