Tag: Indian Billet and DRI offers

Buyers exercise caution amid fall in steel prices Sellers face inventory pressure India’s induction furnace (IF) steel prices declined on 10 December 2024. Mills reduced offers by INR 100-500/tonne (t) across markets compared to the previous trading session. Sponge iron prices dropped by INR 150-400/t d-o-d, and the sharpest fall was observed in Durgapur. Billet…