Author: Rounak Gairarey
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Indian DRI, billet and rebar update – 5 Feb
Indian semi-finished steel market observed positive sentiments as prices have increased upto INR 400/t ($6). While the finished long steel market remained volatile & prices fluctuated by INR 100-700/t today. As per the assessment, sponge iron and billet prices have increased by INR 100-400/t in major locations. Whereas rebar prices also rose by upto INR…