Tag: Indian Billet and DRI offers

Lower trading volumes as observed d-o-d Rising inventories push mills to reduce offers India’s induction furnace (IF) steel prices fell d-o-d across regions on 1 June 2026. Sponge iron prices decreased by INR 100-500/t d-o-d, with the sharpest decline of INR 500/t recorded in Jharsuguda, where prices settled at INR 23,300/t. Billet prices dropped by…