Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed a drop in prices on 24 October, 2024. Offers announced by the mills fell by INR 50-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices registered a decline of INR 50-500/t with the sharpest drop seen in the Ramgarh market. Billet prices decreased…