Author: Sagar
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Indian DRI, billet and rebar update – 18 Jun
Spot trading activity in the Indian secondary steel market remained weak today and prices declined further by up to INR 700/t ($10), day-on-day. According to SteelMint assessment, semi-finished steel (sponge iron and billet) prices dropped by INR 100-400/t in most locations, whereas a marginal hike of INR 100-200 witnessed in Central region’s billet market (Raigarh…