Tag: Indian Billet and DRI offers

Buyers restrict purchases to immediate needs Slow lifting of previously booked material pressures sellers India’s induction furnace (IF) steel prices declined d-o-d on 2 February amid subdued steel sales. Sponge iron offers decreased in the range of INR 50-200/t d-o-d, with the sharpest drop of INR 200/t in Raipur and Jharsuguda, where prices settled at…