Tag: Indian Billet and DRI offers

Moderate trade observed amid rising prices Prices likely to be range-bound in near term India’s induction furnace (IF) steel prices largely increased today, with offers floated by mills mostly rising by INR 150-700/tonne (t) d-o-d. Sponge iron prices fluctuated by INR 150-350/t d-o-d. The highest increase of INR 350/t was seen in Bellary and Ramgarh…