Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices witnessed a surge on 19 September 2024, with mills raising their offers by INR 100-800/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices increased by INR 100-600/t. The highest rise was seen in the Durgapur market. Billet prices surged by INR 150-800/t, with the sharpest upturn…