Author: Sagar
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Indian DRI, billet and re-bar update – 15 Sep
The Indian induction furnace (IF) route steel market witnessed prices receiving a boost on 15 Sept’21. Steel prices of mid-sized mills increased by up to INR 450/t ($6), d-o-d. As per SteelMint assessment, sponge iron offers surged by INR 50-450/t across locations in the country. However, domestic billet prices fluctuated by INR 100-400/t in the…