Author: Sagar
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Indian DRI, billet and re-bar update – 27 Oct
The Indian induction furnace (IF) steel market gained momentum in the first half of the trading session on 27 Oct’21 due to active buying. However, the market started losing strength in the latter half of the day. Steel prices of the mid-sized mills fluctuated by INR 50-1,100/tonne (t) on a day-to-day basis. Semi-finished steel (including…