Author: Sagar
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Indian DRI, billet and re-bar update – 20 Oct
The Indian induction furnace (IF) steel market remained dull on 20 Oct’21. Steel prices of the mid-sized mills decreased by up to INR 1,100/tonne (t) ($15) across the country, d-o-d. As per SteelMint assessment, semi-finished steel (including sponge iron and billet) prices declined sharply by 50-1,100/t in all locations, with a major fall of INR…