Author: Rounak Gairarey
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Indian DRI, billet and rebar update – 16 Apr
Spot trades in the Indian secondary steel market have noticed an upward trend today and prices have shot up by up to INR 2,100/t ($28), d-o-d basis. According to SteelMint’s assessment, the domestic billet prices have increased by INR 100-1,900/t in all the markets, with a sharp hike of INR 1,400-1,900/t seen in the Western…