Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed mixed sentiments today, with mills’ offers changing by INR 50-300/tonne (t) day-on-day (d-o-d) on 24 April 2025. Sponge iron prices increased by INR 50-100/t d-o-d, except in the Chennai market, which saw a fall of INR 300/t. Billet tags increased by INR 100-300/t d-o-d, with the highest increase…