Tag: Indian Billet and DRI offers

Raw material, rebar tags up as mills’ inventories fall Buyers opt for need-based buying as prices increase India’s induction furnace (IF) steel market witnessed largely positive sentiments today, and mills raised offers by INR 50-300/tonne (t) d-o-d. Sponge iron prices rose by INR 50-300/t d-o-d, with the sharpest hike of INR 300/t seen in the…