Author: Sagar
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Indian DRI, billet and re-bar update – 12 Oct
The Indian induction furnace (IF) steel market remained supported as steel prices of the mid-sized mills increased by up to INR 1,700/t ($22/t) across the country on a day-on-day basis on 12 Oct’21. As per SteelMint’s assessment, semi-finished steel (including sponge iron and billet) prices moved up by INR 100-1,000/t in major markets with a…