Tag: Indian Billet and DRI offers

Cautious buying limits trading momentum Prices expected to remain rangebound  India’s induction furnace (IF) steel market witnessed a lack of trading activities on 11 February. Sponge iron offers decreased in the range of INR 100-400/t d-o-d, with the sharpest fall of INR 400/t heard in Durgapur, where prices settled at INR 25,900/t. Billet prices declined…