Author: Sagar
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Indian DRI, billet and rebar update – 22 Jun
The Indian secondary steel market witnessed dull sentiments today, with prices falling by up to INR 800/t ($11), day-on-day. As per SteelMint assessment, semi-finished steel (sponge iron and billet) offers dropped by INR 100-700/t across many locations as even markets in northern and eastern India witnessed a significant fall in prices by INR 600-700/t. Moreover,…