Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 11 Dec
Spot market records moderate trades d-o-d Slight Improvement in buying activities India’s induction furnace (IF) steel prices declined on 11 December 2024. Mills reduced offers by INR 50-500/tonne (t) across markets compared to the previous trading session. Sponge iron prices dropped by INR 100-350/t d-o-d, and the sharpest fall was observed in Bellary. Billet tags…