Author: Sagar
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Indian DRI, billet and re-bar update – 8 Sep
Indian induction furnace (IF) route steel market noticed subdued trading activity on 8 Sept’21. Steel prices of mid-sized mills declined by up to INR 800/t ($11), d-o-d. As per SteelMint assessment, sponge iron offers dropped by INR 100-500/t throughout the country with a major fall of around INR 400-500/t seen in northern, eastern and central…