Author: Sagar
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Indian DRI, billet and re-bar update – 28 Mar
India’s induction furnace (IF) steel market witnessed mixed trends due to subdued demand on 28 Mar’22 as offers from the mid-sized mills fluctuated in the range of INR 50-1,150/tonne (t) d-o-d. Sponge iron and billet prices varied in the range of INR 50-1,150/t. However, a sharp fall of INR 1,150/t was observed in Raigarh’s sponge…