Author: Sagar
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Indian DRI, billet and rebar update – 2 Aug
Spot trading activity in the Indian secondary steel market remained active on 2 Aug’21 as prices increased by up to INR 400/tonne (t) ($5/t) d-o-d. As per SteelMint’s assessment, Indian sponge iron offers increased by INR 100-200/t across the country. However, domestic billet prices fluctuated by INR 100-200/t in most of the major markets. Induction…