Author: Sagar
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Indian DRI, billet and re-bar update – 6 Sep
Indian induction furnace (IF) route steel market sentiments remained dull on 6 Sept’21 as steel prices of mid-sized mills declined by up to INR 500/t ($7), d-o-d. As per SteelMint assessment, sponge iron offers dropped by INR 50-300/t in many regions except south India where prices moved up by INR 150/t in Bellary. Domestic billet…