Author: Sagar
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Indian DRI, billet and re-bar update – 2 Aug
India’s induction furnace (IF) steel market witnessed positive trend, as offers increased by up to INR 800/tonne (t) d-o-d on 2 August. Sponge iron prices rose in the range of INR 100-350/t. Prices increased in Durgapur’s sponge iron market by INR 350/t. Billet prices surged in the range of INR 100-800/t across regions with the…