Author: Sagar
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Indian DRI, billet and re-bar update – 10 Nov
The Indian induction furnace (IF) steel market witnessed volatility in prices on 10 Nov’21. Steel prices of the mid-sized mills fluctuated in the range of INR 50-1,000/tonne (t) on a day-to-day basis. Semi-finished steel (including sponge iron and billet) offers varied by INR 50-700/t in many regions across the country. However, a major price correction…