Tag: Indian Billet and DRI offers

Trading improves, inventory pressure slightly eases  Prices may remain supported in near term India’s induction furnace (IF) steel market experienced moderate buying activity today. Offers varied by INR 50-500/tonne (t) d-o-d. Sponge iron offers increased by INR 100-500/t d-o-d across regions, except in Durgapur and Ramgarh markets, where prices inched down by INR 150/t and…