Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 22 Jul
Rebar, billet prices decline; sponge iron shows mixed trends Finished steel buyers remain cautious, purchase on need basis India’s induction furnace (IF) steel prices showed mixed trends d-o-d across regions on 22 July 2026. Sponge iron prices varied INR 100-350/t d-o-d across locations, with the sharpest fall of INR 350/t seen in Ramgarh, where prices…