Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices surged today. Offers announced by mills increased by INR 100-1,000/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices climbed by INR 100-700/t d-o-d, with the sharpest rise in the Raipur market. Billet prices surged by INR 400-1,000/t d-o-d. The steepest hike was observed in…