Tag: Indian Billet and DRI offers

Trading subdued amid cautious buyer sentiment Prices may remain volatile this week India’s induction furnace (IF) steel prices fell on 7 January 2026 due to subdued buying in most regions. Sponge iron offers fell by INR 100-500/t d-o-d, with the steepest drop of INR 500/t to INR 26,800/t in Chennai. Billet prices dropped by INR…