Author: Sagar
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Indian DRI, billet and re-bar update – 14 Jul
India’s induction furnace (IF) steel market received weak responses across India on the offers that prevailed today. These saw a decrease of INR 200-1,500/tonne (t) d-o-d on 14 July, 2022. Sponge iron and billet offers dropped by INR 200-1,000/t. The highest decline of INR 1,000/t was seen in the billets market in eastern and western…