Author: Sagar
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Indian DRI, billet and re-bar update – 19 July
India’s induction furnace (IF) steel market witnessed downward trends as mills opened offers lower by INR 100-1,000/tonne (t) d-o-d on 19 July, 2022. Sponge iron and billets prices dropped in the range of INR 200-950/t. The highest fall was noticed in Mandi’s billets market. Also, rebar (Fe 500) offers decreased in the range of INR…