Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 50-400/tonne (t) d-o-d on 13 June 2025. Sponge iron offers dropped by INR 100-150/t d-o-d, with a steep fall in the Raigarh and Raipur market of INR 150/t. Only in Bellary and Hyderabad market where prices increased by INR…