Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 16 Apr
Buyers focus on need-based purchases Dull trading activities seen in different regions India’s induction furnace (IF) steel prices showed mixed trends d-o-d across regions on 16 April. Sponge iron prices fluctuated in the range of INR 100-300/t d-o-d, with the sharpest rise of INR 200/t seen in Durgapur, where prices settled at INR 27,800/t. Meanwhile,…