Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices witnessed a drop on 27 December 2024. Mills reduced offers by INR 50-300/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices registered a d-o-d decline of INR 50-100/t, and the steepest fall was in the Raigarh and Chennai market. Billet offers varied by INR…