Author: Abhishek Rai
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Indian DRI, billet and rebar update – 12 Jan
India’s induction furnace (IF) steel market witnessed positive price trends, while offers across mills increased by up to INR 800/tonne d-o-d on 12 January, 2023. Sponge iron prices edged up by INR 100-550/t. Prices saw a rise in Durgapur’s sponge iron market by INR 550/t. Billets prices increased in the range of INR 200-800/t. Prices…