Author: Sagar
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Indian DRI, billet and rebar update – 9 Jul
Spot trading activity in the Indian secondary steel market remained active on 9 Jul’21, while prices increased by up to INR 600/tonne (t) ($8) d-o-d. As per SteelMint assessment, Indian sponge iron offers fluctuated in the range of INR 100-300/t in many locations. However domestic billet prices surged by INR 100-600/t nationwide, with a major…