Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 23 Jan

    Indian DRI, billet, rebar update – 23 Jan

    India’s induction furnace (IF) steel prices surged d-o-d on 23 January 2025. Across markets, mills raised their offers by INR 100-500/tonne (t) compared to the previous trading session. Sponge iron prices rose by INR 100-300/t d-o-d, with the steepest increased in the Bellary region. Billet increased by INR 100-500/t d-o-d, with the highest rise of…