Tag: Indian Billet and DRI offers

Strong finished steel bookings boost market confidence Prices may stay supported as positive sentiment continues India’s induction furnace (IF) steel prices climbed up on 16 January across regions. Sponge iron offers rose by INR 100-250/t d-o-d, with the steepest hike of INR 250/t recorded in Durgapur, where prices settled at INR 25,400/t. Billet prices increased by…