Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 9 Jan

    Indian DRI, billet, rebar update – 9 Jan

    Prices decrease amid lack of inquiries Mills slow bulk buying of raw materials India’s induction furnace (IF) steel prices trended lower d-o-d on 9 January 2025. Mills reduced offers by INR 100-600/tonne (t) across markets compared to the previous trading session. Sponge iron prices registered a d-o-d decrease of INR 100-300/t, and the steepest fall…