Author: Sagar
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Indian DRI, billet and rebar update – 23 Jul
Spot trading in the Indian secondary steel market remained subdued on 23 Jul’21 and prices dropped by up to INR 600/t ($8) d-o-d basis. As per SteelMint assessment, sponge iron prices fell by INR 100-200/t in major markets, whereas Raigarh and Bellary were locations that witnessed a slight hike in offers by INR 100-200/t. Domestic…