Tag: Indian Billet and DRI offers

Market sees need-based procurement Mills trim offers, adjust trade discounts India’s induction furnace (IF) steel market witnessed dull sentiments on 11 March 2025, and mills reduced offers by INR 50-200/tonne (t) d-o-d. Sponge iron offers dropped by INR 100-200/t d-o-d, with a steep fall of INR 200/t seen in the Chennai market. Billet tags decreased…