Author: Sagar
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Indian DRI, billet and re-bar update – 8 June
India’s induction furnace (IF) steel market saw price corrections today as offers across mills fell in the range of INR 100-800/tonne (t) d-o-d on 8 June, 2022. Sponge iron and billet prices dropped by INR 100-800/t. However, a slight uptick of INR 50/t was seen in Bellary’s sponge iron market. Also, rebar (Fe 500) offers…