Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed a hike in prices on 16 December, 2024. Offers announced by the mills trended up by INR 50-1,000/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices rose by INR 50-350/t across regions, with the sharpest hike seen in the Raigarh market. Billet prices…