Author: Bhupesh Agrawal
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Indian DRI, billet, rebar update – 18 Jul
Fresh inquiries dwindle as prices increase Buyers stay away, having stocked up earlier India’s induction furnace (IF) steel market saw active buying today. Offers floated by mills increased in the range of INR 100-200/tonne (t) d-o-d. Sponge iron offers rose by INR 100–200/t d-o-d across regions, with the sharpest increase of INR 200/t observed in…