Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices edged down on 2 August 2024. Offers announced by the mills decreased by INR 50-800/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices saw a marginal fall of INR 50-350/t. The maximum drop was seen in Ramgarh and Durgapur. Billet prices fell by INR 250-800/t. The…