Author: Sagar
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Indian DRI, billet and re-bar update – 13 Oct
The Indian induction furnace (IF) steel market registered a fall in prices on 13 Oct’21. Steel prices of the mid-sized mills dropped by up to INR 700/t ($9) across the country, d-o-d. As per SteelMint’s assessment, semi-finished steel (including sponge iron and billet) prices declined by INR 50-700/t in major markets following a major fall…