Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 13 May

    Indian DRI, billet, rebar update – 13 May

    Market sees dull inquiries, need-based buying Mills reduce offers or provide trade discounts India’s induction furnace (IF) steel market witnessed subdued sentiment, with mills’ offers falling by INR 50-200/tonne (t) d-o-d. Sponge iron prices decreased by INR 150-400/t d-o-d, with the highest drop of INR 400/t seen in Raipur and Raigarh. Billet tags declined by…