Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 100-500/tonne (t) d-o-d on 29 May 2025. Sponge iron offers dropped by INR 100-300/t d-o-d, with a steep fall in the Jharsuguda market of INR 300/t. Billet tags decreased by INR 100-350/t d-o-d across locations. Rebar (Fe 500) tags…