Author: Sagar
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Indian DRI, billet and re-bar update – 29 Mar
India’s induction furnace (IF) steel market remained dull due to subdued demand on 29 Mar’22 as offers from the mid-sized mills declined by up to INR 1,900/tonne (t) ($25) d-o-d. Sponge iron and billet prices decreased in the range of INR 100-1,000/t. However, in billet market a sharp fall of INR 1,000/t was observed in…