Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices surged on 24 September 2024. Offers announced by mills increased by INR 100-1,100/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices increased by INR 300-600/t d-o-d, with the sharpest rise in the Hyderabad market. Billet prices rose by INR 300-1,000/t d-o-d. The steepest hike…