Tag: Indian Billet and DRI offers

Strong buying activity supports higher spot prices Rising finished steel prices boost market confidence India’s induction furnace (IF) steel prices rose on 2 January, with moderately strong buying observed in most regions. Sponge iron offers increased by INR 200-750/t d-o-d, with the steepest rise of INR 750/t seen in Ramgarh, where prices settled at INR…