Author: Abhishek Rai
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Indian DRI, billet and re-bar update – 12 July
India’s induction furnace (IF) steel market witnessed positive price trends while offers across mills increased by up to INR 1,200/tonne d-o-d, on 12 July 2022. Sponge iron and billet prices rose in the range of INR 50-500/t. The highest hike was seen in Raipur’s sponge iron market. Also, rebar (Fe 500) offers increased in the…