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 5 Jun 2025. Sponge iron offers dropped by INR 50-150/t d-o-d, with a steep fall in the Raipur, Raigarh and Durgapur market of INR 150/t. Billet tags decreased by INR 50-200/t d-o-d across locations and…