Author: Sagar
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Indian DRI, billet and re-bar update – 12 Nov
The Indian induction furnace (IF) steel market witnessed mixed trends on 12 Nov’21. Steel prices of mid-sized mills fluctuated in the range of INR 50-700/tonne (t) on a day-to-day basis. Semi-finished steel (including sponge iron and billet) offers remained volatile in the range of INR 50-500/t in most regions across the country. However, a major…