Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices increased d-o-d on 17 March 2025. Across markets, mills raised their offers by INR 50-200/tonne (t) compared to the previous trading session. Sponge iron offers rose by INR 50-200/t d-o-d, with the sharpest hike of INR 200/t seen in the Hyderabad market. Billet tags varied by INR 50-250/t d-o-d,…