Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 28 May

    Indian DRI, billet, rebar update – 28 May

    Spot market sees need-based buying Mills trim offers, raise trade discounts India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills varied offers by INR 50-200/tonne (t) d-o-d on 28 May 2025. Sponge iron tags varied by INR 100-200/t d-o-d, with a steep fall in the Bellary and Hyderabad market by INR 100/t.…