Tag: Indian Billet and DRI offers

India’s induction furnace (IF) steel market experienced moderate trading today. Offers surged in the range of INR 100-900/tonne (t) d-o-d. Sponge iron offers surged by INR 100-700/t d-o-d. Prices increased the steepest, by INR 700/t, in Jharsuguda region. Billet tags rose by INR 200-700/t d-o-d across regions, with the highest rise of INR 700/t seen…