Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 100-500/tonne (t) d-o-d on 3 Mar 2025. Sponge iron offers fell by INR 100-300/t d-o-d, with a steep fall of INR 300/t seen in the Hyderabad and Bellary market. Billet tags decreased by INR 50-300/t d-o-d, with the major…