Author: Sagar
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Indian DRI, billet and re-bar update – 23 Dec
The induction furnace (IF) steel market witnessed positive trends in today’s trading session. Prices of semi-finished steel products of the mid-sized mills increased by up to INR 700/tonne (t) ($9/t) d-o-d. Sponge iron and billet prices moved up by INR 100-700/t across the country following a major hike of around INR 600-700/t in Raipur and…