Tag: Indian Billet and DRI offers

Active response at yesterday’s OMC auction Finished steel segment strengthens, rebar surges d-o-d India’s induction furnace (IF) steel prices surged on 21 November 2024. Offers announced by mills increased by INR 50-900/tonne (t) across markets compared to the previous trading session. Sponge iron prices rose by INR 100-250/t d-o-d in key regions except in Hyderabad…