Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed negative sentiments today, with mills reducing offers by INR 100-600/tonne (t) d-o-d on 23 April 2025. Sponge iron prices decreased by INR 100-350/t d-o-d, with the sharpest fall of INR 350/t seen in the Raigarh and Raipur markets. Billet tags declined by INR 150-600/t d-o-d, with the steepest…