Author: Sagar
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Indian DRI, billet and re-bar update – 5 Jul
India’s induction furnace (IF) steel market witnessed mixed price trends, while offers across mills varied in the range of INR 50-500/tonne d-o-d, on 5 July, 2022. Sponge iron and billet prices moved in the range of INR 50-300/t. Prices declined by INR 500/t in Hyderabad and Chennai’s billet market (southern India). Also, rebar (Fe 500)…