Author: Abhishek Rai
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Indian DRI, billet and rebar update – 10 Nov
India’s induction furnace (IF) steel market witnessed downwards price trends, while offers across mills dropped up to 600/tonne d-o-d on 10 Nov’22. Sponge iron prices fell by INR 100-450/t. Prices saw a fall in Raigarh’s sponge iron market by INR 450/t. Billets prices plunged in the range of INR 200-400/t. Prices saw a fall of…