Author: Sagar
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Indian DRI, billet and re-bar update – 11 Oct
The Indian induction furnace (IF) steel market saw considerable improvement in sentiments on 11 Oct’21, as steel prices of the mid-sized mills surged by up to INR 3,000/t ($40) across the country on a day-on-day basis. As per SteelMint assessment, semi-finished steel (including sponge iron and billet) prices increased sharply by INR 1,000-2,700/t in all…