Tag: Indian Billet and DRI offers

IF mills reduce offers by INR 100-500/t d-o-d Buyers turn wary, expect further price drop India’s induction furnace (IF) steel market witnessed negative sentiments today, with mills reducing offers by INR 100-500/tonne (t) d-o-d on 17 April 2025. Sponge iron prices decreased by INR 150-300/t d-o-d, with the sharpest fall of INR 300/t seen in…