Tag: Indian Billet and DRI offers

Trade sentiment softens after recent price surge Buyers limit purchases after robust orders last week India’s induction furnace (IF) steel prices witnessed downturn on5 January 2026 due to subdued buying in most regions. Sponge iron offers fell by INR 200-600/t d-o-d, with the steepest drop of INR 600/t to INR 23,800/t in Raigarh. Prices increased…