Tag: Indian Billet and DRI offers

Dull sentiments prevailed in India’s induction furnace (IF) steel market today even as mills reduced offers by INR 50-700/tonne (t) d-o-d on 28 February 2025. Sponge iron offers dropped by INR 100-200/t d-o-d, with a steep fall in the Raigarh and Bellary market of INR 200/t. Only in Chennai market where prices slight increase of…