Tag: Indian Billet and DRI offers

Limited trade activities at higher prices Billet prices surge in north India on scrap shortage India’s induction furnace (IF) steel market experienced limited buying activity today. Offers varied by INR 50-500/tonne (t) d-o-d. Sponge iron prices declined by INR 50-200/t d-o-d, with the steepest fall of INR 200/t observed in Hyderabad. Billet offers fluctuated by…