Tag: Indian Billet and DRI offers

Elevated stocks, weak finished steel demand dampen sentiment Prices fall d-o-d as manufacturers reduce quotes, offer discounts India’s induction furnace (IF) steel prices fluctuated d-o-d across regions on 25 June 2026. Sponge iron prices decreased by INR 50-100/t d-o-d, with the sharpest decline of INR 100/t recorded in Hyderabad where prices settled at INR 25,700/t.…