Author: Sagar
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Indian DRI, billet and re-bar update – 28 Oct
The Indian induction furnace (IF) steel market remained volatile on 28 Oct’21. Steel prices of the mid-sized mills varied in the range of INR 50-500/tonne (t) on a day-to-day basis. Semi-finished steel (including sponge iron and billet) offers fluctuated by INR 50-500/t in most of the major markets. In addition, rebar offers (Fe 500) fluctuated…