Tag: Indian Billet and DRI offers

Active weekend trading drives price uptrend  Buying activity slows due to Holi festival India’s induction furnace (IF) steel prices surged d-o-d across markets on 2 March, backed by firm demand. Sponge iron offers increased by INR 600-1,950/t d-o-d, with the sharpest rise of INR 1,950/t in Raigarh, where prices settled at INR 27,200/t. Billet prices…