Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed a drop in prices on 30 October, 2024. Offers announced by the mills fell by INR 100-200/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices registered a decline of INR 100/t d-o-d across regions. Billet prices decreased by INR 100-200/t, with the sharpest…