Author: Sagar
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Indian DRI, billet and re-bar update – 29 Sep
The Indian induction furnace (IF) steel market witnessed positive sentiments on improved demand on 29 Sep’21 and steel prices of the mid-sized mills surged by up to INR 1,600/t ($22), d-o-d. As per SteelMint assessment, semi-finished (including sponge iron and billet) offers increased by INR 200-1,000/t throughout the country, with a major price hike of…