Tag: Indian Billet and DRI offers

Strong buying activity supports higher spot prices Prices expected to stay firm this week India’s induction furnace (IF) steel market edged up on 14 January across regions. Sponge iron offers surged by INR 300-900/t d-o-d, with the steepest hike of INR 900/t recorded in Raipur and Jharsuguda where prices settled at INR 24,300/t and INR…