Tag: Indian Billet and DRI offers

Soft demand weighs on spot prices IF rebar prices edge down across markets India’s induction furnace (IF) steel prices fell on 8 January 2026 due to subdued demand in most regions. Sponge iron offers fell by INR 200-500/t d-o-d, with the steepest drop of INR 500/t in Raigarh, Hyderabad and Bellary regions, where prices settled…