Author: Sagar
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Indian DRI, billet and re-bar update – 14 Oct
The Indian induction furnace (IF) steel market saw a mixed trend on 14 Oct’21 as steel prices of the mid-sized mills fluctuated in the range of INR 50-900/tonne (t) across the country, d-o-d. As per SteelMint’s assessment, sponge iron prices dropped by INR 50-200/t d-o-d. However, domestic billet offers gained by INR 200-900/t in…