Author: Akshay Bedekar
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Indian DRI, billet and rebar update – 2 Sep
India’s induction furnace (IF) steel prices edged lower on 2 September, 2024. Offers announced by the mills decreased by INR 100-300/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices saw a decline of INR 100-300/t. The steepest drop was seen in Duragpur market. Billet prices fell by INR 100-250/t. The sharpest fall…