Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 9 Apr

    Indian DRI, billet, rebar update – 9 Apr

    Bulk purchases absent amid higher offers Prices expected to fluctuate in near term India’s induction furnace (IF) steel market witnessed positive sentiments today, and mills raised offers by INR 100-700/tonne (t) d-o-d on 9 April 2025. Sponge iron prices increased by INR 100-700/t d-o-d, with the steepest rise of INR 700/t occurring in the Hyderabad…