Author: Akshay Bedekar
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Indian DRI, billet and rebar update – 21 Aug
India’s induction furnace (IF) steel prices showed a mixed response on 21 August 2024. Offers from mills varied by INR 50-500/tonne (t) d-o-d across different markets compared to the previous trading session. Sponge iron prices increased by INR 150-300/t in most regions, except in the Ramgarh market, where prices fell by INR 150/t. Billet prices…