Tag: Indian Billet and DRI offers

Market slows down amid New Year’s Day holiday Prices likely to remain rangebound India’s induction furnace (IF) steel prices witnessed a d-o-d downtrend on 1 January 2025. Mills reduced offers by INR 100-500/tonne (t) across markets compared to the previous trading session. Sponge iron prices registered a d-o-d decrease of INR 100-150/t, and the steepest…