Author: Abhishek Rai
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Indian DRI, billet and re-bar update – 14 Feb
India’s induction furnace (IF) steel market remained volatile on 14 Feb’22. Offers from the mid-sized mills fluctuated by INR 100-700/tonne (t) d-o-d. Sponge iron and billets prices varied in the range of INR 100-700/t in major markets, with a major surge of INR 700/t observed in Mumbai and a steep drop of INR 500/t seen…