Author: Sagar
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Indian DRI, billet and rebar update – 6 Jul
The Indian secondary steel market continued to witness subdued demand on 6 Jul’21, with prices falling by up to 600/t ($8) d-o-d. As per SteelMint assessment, Indian semi-finished steel (billet and sponge iron) offers declined by INR 100-600/t across regions, with a sharp drop of INR 600/t witnessed in Raigarh’s sponge market. However, billet prices…