Author: Sagar
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Indian DRI, billet and re-bar update – 27 Aug
Spot trades in the Indian IF steel market remained dull on 27 Aug’21. Prices through the mid-sized mills declined by up to INR 750/t ($10), d-o-d. As per SteelMint assessment, Indian sponge iron offers dropped sharply by INR 100-750/t following a major drop of INR 750/t observed in Raigarh. Domestic billet prices decreased by INR…