Tag: Indian Billet and DRI offers

Buyers refrained from bulk purchases Prices to remain range-bound in near term India’s induction furnace (IF) steel market experienced limited buying activity today. Offers surged by INR 100-700/tonne (t) d-o-d. Sponge iron prices increased by INR 100-300/t d-o-d, with the steepest hike of INR 300/t observed in Chennai. Billet offers rose by INR 100-500/t d-o-d across…