Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices trended lower d-o-d on 8 January 2025. Mills reduced offers by INR 100-700/tonne (t) across markets compared to the previous trading session. Sponge iron prices registered a d-o-d decrease of INR 100-250/t, and the steepest fall was observed in the Raigarh market. Billet offers dropped INR 200-400/t d-o-d, with…