Author: Neesha Sen
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Indian DRI, billet and rebar update – 2 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 200-1,000/tonne (t) d-o-d on 2 April, 2024. Sponge iron prices edged up by INR 250-700/t. The highest rise of INR 700/t was seen in the Raigarh sponge market. Billet prices increased…