Author: Sagar
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Indian DRI, billet and re-bar update – 22 Dec
The induction furnace (IF) steel market saw a supportive trend in today’s trading session as on 22 Dec’21. Prices of semi-finished steel products of the mid-sized mills increased by up to INR 850/tonne (t) ($11/t) d-o-d. Semi-finished steel (including sponge iron and billets) offers moved up by INR 100-850/t across the country. The major hike…