Tag: Indian Billet and DRI offers

Market sees subdued buying, prices fall Buyers expect further price drops soon India’s induction furnace (IF) steel market witnessed negative sentiments today, with mills reducing offers by INR 50-450/tonne (t) d-o-d. Sponge iron prices decreased by INR 50-200/t d-o-d, with the sharpest fall of INR 200/t seen in the Ramgarh market. Billet tags declined by…