Tag: Indian Billet and DRI offers

  • Indian DRI, billet, rebar update – 1 Jul

    Indian DRI, billet, rebar update – 1 Jul

    Buyers stay on sidelines, engage in need-based purchases Manufacturers reduce offers due to lack of fresh bookings India’s induction furnace (IF) steel prices fell d-o-d across regions on 1 July 2026. Sponge iron prices decreased by INR 50-200/t d-o-d, with the sharpest decline of INR 200/t recorded in Bellary, where prices settled at INR 25,000/t.…