Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 8 Nov
IF steel prices rise on moderate trades Prices likely to supportive in near term India’s induction furnace (IF) steel prices surged on 8 November 2024. Offers announced by mills increased by INR 200-1,000/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices rose by INR 400-650/t, with the steepest hike in…