Tag: Indian Billet and DRI offers

Limited inquiries, need-based buying seen  Finished steel sales remain subdued today India’s induction furnace (IF) steel market remained limited on 5 December amid subdued sales of finished steel products and as buyers resisted higher prices. Sponge iron offers dropped by INR 100-300/t d-o-d, with a steep fall in the Raigarh market by INR 300/t. Billet…