Tag: Indian Billet and DRI offers

Easing inventory pressure supports price hikes Sellers feel optimistic after securing advance orders India’s induction furnace (IF) market recorded positive price movements across most regions on 1 December 2025, driven by an improvement in trading activity. Price movements Sponge iron prices fluctuated by INR 100-350/t d-o-d across regions. Only Raigarh, Hyderabad, and Bellary recorded declines…