Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers in the broad range of INR 100-800/tonne (t) d-o-d on 7 April 2025. Sponge iron offers dropped by INR 300-600/t d-o-d, with a steep fall of INR 600/t in the Durgapur market. Billet tags decreased by INR 200-700/t d-o-d across locations…