Tag: Indian Billet and DRI offers

Buyers refrain from aggressive, bulk purchases Prices may remain range-bound in short term India’s induction furnace (IF) steel market experienced limited buying activity today. Offers varied by INR 50-300/tonne (t) d-o-d. Sponge iron prices declined by INR 100-150/t d-o-d, with the steepest fall of INR 150/t observed in Durgapur. However, prices witnessed a slight rise…