Author: Sagar
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Indian DRI, billet and re-bar update – 29 Oct
The Indian induction furnace (IF) steel market remained largely supported on 29 Oct’21, as per SteelMint assessment. Steel prices of the mid-sized mills increased by up to INR 700/tonne (t) ($9) on a day-to-day basis. Semi-finished steel (including sponge iron and billet) offers were seen moving up by INR 50-700/t in most of the major…