Author: Sagar
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Indian DRI, billet and re-bar update – 21 Oct
The Indian induction furnace (IF) steel market continued to remain dull on 21 Oct’21 as steel prices of the mid-sized mills dropped INR 600/tonne (t) ($8) across the country, d-o-d. As per SteelMint assessment, semi-finished steel (including sponge iron and billet) prices declined sharply by INR 50-500/t at all locations. However, prices inched up INR…