Tag: Indian Billet and DRI offers

Cautious buying limits market momentum Regional festivals likely to keep trade slow India’s induction furnace (IF) steel market remained subdued on 13 January across regions. Sponge iron offers decreased by INR 50-250/t d-o-d, with the steepest drop of INR 250/t recorded in Raipur where prices settled at INR 23,400/t. Billet prices dropped within the range…