Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices declined d-o-d on 4 February 2025. Across markets, mills reduced their offers by INR 50-300/tonne (t) compared to the previous trading session. Sponge iron prices dropped by INR 50-300/t d-o-d, with the steepest fall of INR 300/t seen in the Durgapur region. Billet tags dropped in the range of…