Author: Neesha Sen
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Indian DRI, billet, rebar update – 4 Dec
India’s induction furnace (IF) steel market witnessed an uptick in prices today, as offers floated by the mills increased in the range of INR 100-700/tonne d-o-d on 4 December, 2024. Sponge iron offers increased by INR 100-400/t . The highest price rise was witnessed in the Ramgarh market which was INR 400/t. Moreover, billet offers…