Author: Akshay Bedekar
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Indian DRI, billet, rebar update – 15 May
Prices rise on moderate sales in yesterday’s session Cautious finished steel buying weighs on market India’s induction furnace (IF) steel prices rose d-o-d across regions on 15 May 2026. Sponge iron prices increased by INR 50-300/t d-o-d, with the sharpest rise of INR 300/t recorded in Hyderabad and Bellary locations, where prices settled at INR…