Tag: Indian Billet and DRI offers

Improved demand supports market activity Firm pricing outlook due to steady bookings India’s induction furnace (IF) steel prices rose on 1 January and moderate buying was observed in most regions. Sponge iron offers increased by INR 350-700/t d-o-d, with a major rise of INR 700/t seen in Raipur market, where prices settled at INR 24,550/t.…