Author: Neesha Sen
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Indian DRI, billet and rebar update – 9 Jul
India’s induction furnace (IF) steel market witnessed mixed trends today. Offers floated by the mills fluctuated in the range of INR 50-600/tonne d-o-d on 9 July, 2024. Sponge iron offers dropped by INR 50-250/t. The highest decline of INR 250/t was seen in the Durgapur market. Moreover, billet offers varied in the range of INR…