Author: Sagar
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Indian DRI, billet and rebar update – 14 Jun
The Indian secondary steel market remained subdued, while muted trading activity was observed on 14 Jun’21. Prices declined by up to INR 700/t ($10), day-on-day. According to SteelMint assessment, semi-finished steel (sponge iron and billet) prices fell by INR 100-700/t across markets, witnessing a major fall of INR 700/t in Mandi, Ramgarh and Hyderabad. Meanwhile,…