Author: Sagar
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Indian DRI, billet and re-bar update – 17 Sep
The Indian induction furnace (IF) route steel market remained quiet on 17 Sep’21 on account of Vishwakarma Puja. However, the market turned out to be supported in the second half with limited transactions witnessed. Steel prices of the mid-sized mills increased by up to INR 500/t ($7), d-o-d. As per SteelMint assessment, sponge iron offers…