Author: Sagar
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Indian DRI, billet and rebar update – 5 Jul
Spot trading activity in India’s secondary steel market witnessed slight recovery on 5 Jul’21, with offers rebounding by INR 400/t ($5) d-o-d. As per SteelMint assessment, domestic sponge iron offers fluctuated by INR 100-300/t across regions. However, IF grade billet prices increased by INR 100-400/t, while a slight fall of around INR 300/t was observed…