Author: Akshay Bedekar
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Indian DRI, billet and rebar update – 26 Aug
India’s induction furnace (IF) steel prices witnessed hike in most of the locations except in few markets on 26 August, 2024. Offers announced by the mills fluctuated by INR 50-500/tonne (t) d-o-d across various markets compared to the previous trading session. Sponge iron prices increased by INR 100-400/t across most regions with the sharpest rise…