Author: Neesha Sen
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Indian DRI, billet, rebar update – 20 Nov
Buyers stay away, awaiting further clarity on prices Sponge iron tags remain steady, but billet fluctuates India’s induction furnace (IF) steel prices remained relatively stable today, as offers floated by mills varied by INR 50-200/tonne d-o-d. Sponge iron offers remained largely steady d-o-d, except in the Durgapur and Jharsuguda markets, which recorded a slight drop…