Author: Sagar
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Indian DRI, billet and re-bar update – 27 Jun
India’s induction furnace (IF) steel market witnessed positive price trends, while offers floated by the mills increased up to INR 1,500/tonne d-o-d on 27 June, 2022. Sponge iron and billet prices surged in the range of INR 250-1,500/t. A major hike of INR 1,500/t was observed in Raigarh’s billet market (central India). Rebar (Fe 500)…