Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel sector witnessed a reduction in prices on 15 November 2024. Offers announced by the mills slid by INR 100-500/tonne (t) across markets compared to the previous trading session. Sponge iron prices fell INR 100-450/t, with the steepest drop seen in the Bellary market. Billet prices decreased by INR 100-300/t, with…