Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed a surge in prices today. Offers announced by the mills rose by INR 150-1,000/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices increased by INR 150-550/t. The major hike was witnessed in the Raipur market. Billet prices surged INR 200-1,000/t d-o-d, with the…