Author: Sagar
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Indian DRI, billet and rebar update – 5 Aug
The Indian secondary steel market witnessed a downward trend on 5 Aug’21 and prices declined by up to INR 500/tonne (t) ($7) d-o-d. As per SteelMint assessment, Indian sponge iron prices fluctuated in the range of INR 100-300/t as even markets like Raigarh saw a sharp fall of INR 300/t in prices. Domestic billet offers…