Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel prices saw mixed response on 31 July, 2024. Offers announced by the mills fluctuated by INR 100-700/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices saw a fall of INR 100-300/t with the sharpest drop in Durgapur market. Billet prices fell by INR 200-700/t across the regions…