Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 9 Jul
Subdued trade activities witnessed in markets Producers reduce offers, provide discounts to attract buyers India’s induction furnace (IF) steel prices fell d-o-d across regions on 9 July 2026. Sponge iron prices decreased by INR 50-100/t d-o-d, with the sharpest decline of INR 100/t recorded in Raipur, where prices settled at INR 23,150/t. Billet prices fell…