Author: Sagar
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Indian DRI, billet and re-bar update – 7 Oct
The Indian induction furnace (IF) steel market registered a fall in prices on 7 Oct’21. Steel prices of the mid-sized mills dropped by up to INR 1,000/t ($13) across the country, d-o-d. As per SteelMint assessment, semi-finished steel (including sponge iron and billet) prices declined by INR 100-1,000/t in the major markets following a fall…