Author: Sagar
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Indian DRI, billet and re-bar update – 22 Sep
The Indian induction furnace-(IF) route steel market remained dull on 22 Sep’21, as steel prices of the mid-sized mills declined by up to INR 500/t ($7), d-o-d. As per SteelMint assessment, sponge iron offers dropped by INR 50-200/t in major markets throughout the country. However, prices increased slightly by INR 50/t in Rourkela’s sponge iron…