Author: Sagar
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Indian DRI, billet and re-bar update – 10 Sep
The Indian induction furnace (IF) route steel market sentiments remain supported on 10 Sept’21. Steel prices of mid-sized mills increased by up to INR 600/t ($8), d-o-d. As per SteelMint assessment, sponge iron offers surged by INR 100-400/t in major markets. Domestic steel billet prices increased by INR 200-550/t in many locations today, noteworthy being…