Tag: Indian Billet and DRI offers

Cautious buyers close deals at lower prices Prices likely to remain volatile in near term India’s induction furnace (IF) steel market witnessed subdued sentiment today, and mills’ offers varied by INR 50-300/tonne (t) d-o-d. Sponge iron offers decreased by INR 100-300/t d-o-d, with the sharpest fall in Jharsuguda and Raigarh by INR 300/t. Billet tags…