Tag: Indian Billet and DRI offers

Weak demand persists across segments Need-based buying reflects buyer caution India’s induction furnace (IF) steel prices saw mixed trends d-o-d on 30 January amid subdued steel sales. Sponge iron offers varied in the range of INR 100-400/t d-o-d, with the steepest rise of INR 400/t recorded in Raigarh where prices settled at INR 25,200/t. However,…