Author: Neesha Sen
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Indian DRI, billet and rebar update – 3 Apr
India’s induction furnace (IF) steel market witnessed an upward trend in prices, as offers floated by the mills increased in the range of INR 250-1,200/tonne (t) d-o-d on 3 April, 2024. Sponge iron prices edged up by INR 250-900/t. The highest rise of INR 900/t was seen in the Jharsuguda sponge market. Billet prices increased…