Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel witnessed lower prices d-o-d as on 9 October, 2024. Offers announced by mills dropped by INR 50-550/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices witnessed a fall of INR 50-550/t with the steepest drop in Raigarh market. Billet prices decreased by INR 200-500/t, with…