Tag: Indian Billet and DRI offers

Volatile steel prices keep transaction volumes low Sellers adjusting trade discounts to encourage sales India’s induction furnace (IF) steel prices declined d-o-d on 21 January 2025. Across markets, mills reduced their offers by INR 50-200/tonne (t) compared to the previous trading session. Sponge iron prices dipped by INR 50-150/t d-o-d across regions with the steepest…