Author: Bhupesh Agrawal
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Indian DRI, billet, rebar update – 2 May
Induction furnace steel market marked by sharp volatility Mill offers up by INR 100-500/t, down INR 100-250/t India’s induction furnace (IF) steel market was marked by some intense volatility today , with mill offers falling by INR 100-500/tonne (t) d-o-d in certain regions, but increasing by INR 100-250/t in others. Sponge iron prices decreased by…