Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 6 Mar

    Indian DRI, billet, rebar update – 6 Mar

    Market slows down, limited deals concluded Mills offer discounts to liquidate material India’s induction furnace (IF) steel prices declined d-o-d on 6 March 2025. Across markets, mills reduced their offers by INR 50-350/tonne (t) compared to the previous trading session. Sponge iron prices dropped by INR 50-300/t d-o-d, with the steepest fall of INR 300/t…