Tag: Indian Billet and DRI offers

Moderate trading activity seen amid price resistance Prices expected to remain range-bound in near term India’s induction furnace (IF) steel market witnessed moderate trading today, and mills’ offers varied by INR 50-500/tonne (t) d-o-d. Sponge iron offers fluctuated by INR 100-200/t d-o-d, with the steepest hike of INR 200/t in Raigarh. However, prices decreased by…