Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 5 Nov
IF steel prices rise by up to INR 600/t Moderate trade activities seen today India’s induction furnace (IF) steel prices surged on 5 November 2024. Offers announced by mills increased by INR 100-600/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices rose by INR 200-600/t d-o-d, with the steepest hike…