Author: Sagar
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Indian DRI, billet and re-bar update – 2 Sep
Indian induction furnace (IF) route steel market witnessed subdued trading activity on 2 Sept’21. Steel prices of midsized mills fluctuated by up to INR 700/t ($10), d-o-d. As per SteelMint assessment, sponge iron markets in the country witnessed price volatility today, with prices fluctuating by INR 50-200/t. However, domestic billet offers dropped by INR 100-700/t…