Author: Sagar
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Indian DRI, billet and re-bar update – 14 Sep
The Indian induction furnace (IF) route steel market remained supported on 14 Sept’21 as steel prices of midsized mills increased by up to INR 1,000/t ($14), d-o-d. As per SteelMint assessment, sponge iron markets in the country witnessed a surge in prices by INR 100-500/t. Domestic billet offers increased by INR 200-1,000/t in many regions…