Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices increased on 12 December 2024. Mills hiked offers by INR 100-500/tonne (t) across markets compared to the previous trading session. Sponge iron prices rose by INR 100-350/t d-o-d, and the sharpest increased was observed in Bellary. Billet tags increased by INR 200-500/t d-o-d, with the steepest rise witnessed in…