Tag: Indian Billet and DRI offers

Last week’s bullish momentum absent today Prices decline amid need based buying  India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 100-500/tonne (t) d-o-d. Sponge iron offers dropped by INR 150-400/t d-o-d, with a steep fall of INR 400/t in the Durgapur market. Billet tags plunged by INR…