Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices increased on 24 January 2025. Across markets, mills raised their offers by INR 100-300/tonne (t) compared to the previous trading session. Sponge iron prices rose by INR 150-300/t d-o-d, with the steepest increase seen in the Hyderabad, Bellary and Ramgarh regions. Billet increased by INR 150-250/t d-o-d, with the…