Author: Neesha Sen
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Indian DRI, billet, rebar update – 5 Dec
India’s induction furnace (IF) steel market witnessed rise in prices today, as offers floated by the mills increased in the range of INR 100-1,100/tonne d-o-d on 5 December, 2024. Sponge iron offers increased by INR 200-500/t . The highest price rise of INR 500/t was witnessed in the Hyderabad and Bellary markets . Moreover, billet…