Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel sector witnessed a reduction in prices on 14 November 2024. Offers announced by the mills slid by INR 150-600/tonne (t) across markets compared to the previous trading session. Sponge iron prices fell INR 150-500/t, with the steepest drop seen in the Jharsuguda market. Billet prices decreased by INR 150-600/t, with…