Tag: Indian Billet and DRI offers

Buyers show lack of interest at higher prices Cautious sentiment emerges in the market India’s induction furnace (IF) steel market witnessed dull sentiments on 28 March 2025, and mills reduced offers by INR 50-400/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-250/t d-o-d, with the steepest fall of INR 250/t seen in the Raigarh…