Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices fell d-o-d across regions on 22 May 2026. Sponge iron prices showed mixed trends in the range of INR 200-300/t d-o-d, with the sharpest decline of INR 300/t recorded in Ramgarh, where prices settled at INR 23,950/t. However, prices rose in Chennai market by INR 300/t to INR 26,800/t.…