Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market witnessed a drop in prices today. Offers announced by the mills were reduced by INR 50-600/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices declined by INR 50-400/t. The major drop in Durgapur and Jharsuguda markets. Billet prices decreased by INR 200-600/t across the…