Author: Sagar
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Indian DRI, billet and re-bar update – 7 Dec
The induction furnace (IF) steel market remained stagnant despite rise in offers on 7 Dec’21. Steel prices of the mid-sized mills increased by up to INR 600/tonne (t) ($8), d-o-d. Indian semi-finished steel (including sponge iron and billet) prices raised by INR 100-600/t in many locations across the country. However a slight fall of INR…