Author: Sagar
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Indian DRI, billet and re-bar update – 17 Jan
The domestic induction furnace (IF) steel market saw prices inching up on 17 Jan’22. Steel prices of the mid-sized mills increased by up to INR 1,550/tonne (t) ($21) d-o-d. Sponge iron and billet offers surged within a wide range of INR 50-1,550/t at different locations in the country following a major hike of INR 1,550/t…