Author: Sagar
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Indian DRI, billet and rebar update – 16 Jun
The Indian secondary steel market remained subdued today witnessing marginal trading activity. Steel prices declined sharply by up to INR 800/t ($11), day-on-day. According to SteelMint assessment, semi-finished steel (sponge iron and billet) prices dropped by INR 100-700/t across markets, with a major fall of INR 700/t seen in the Raigarh market in central India.…