Author: Sagar
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Indian DRI, billet and re-bar update – 30 Sep
The Indian induction furnace (IF) steel market saw a sharp surge in prices and offers on 30 Sep’21. Steel prices of the mid-sized mills increased by up to INR 2,500/t ($34), d-o-d. As per SteelMint assessment, semi-finished (including sponge iron and billet) offers surged by INR 650-2,500/t throughout the country following a major price hike…