Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices showed a mixed trend today. Mills announced offers with fluctuations ranging from INR 50-450/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices hiked by INR 50-200/t, with the steepest increased in Raipur and Bellary market. Billet prices increased by INR 100-450/t, with the sharpest hike observed…