Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 14 Apr

    Indian DRI, billet, rebar update – 14 Apr

    IF mills reduce offers by INR 500/t Sponge falls by INR 100-350/t India’s induction furnace (IF) steel market witnessed negative sentiments today, with mills reducing offers by INR 500/tonne (t) d-o-d on 14 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 market.…