Tag: Indian Billet and DRI offers

Muted buying activity across markets  Prices expected to remain soft this week India’s induction furnace (IF) steel market saw subdued buying enquiries across regions on 20 January. Sponge iron offers dropped by INR 200-550/t d-o-d, with the steepest decrease of INR 550/t recorded in Ramgarh, where prices settled at INR 24,750/t. Billet prices decreased by…