Tag: Indian Billet and DRI offers

Quiet market today, need-based buying seen Offers fall amid weak demand, ample stocks India’s induction furnace (IF) steel market witnessed a downtrend on 4 November 2024. Offers eroded by INR 100-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices registered a decline of INR 100-200/t, with the highest fall seen…