Author: Sagar
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Indian DRI, billet and rebar update – 4 June
Indian secondary steel prices have curved up despite modest trade and prices have climbed by up to INR 1,300/t ($18) d-o-d. The Indian semi-finished steel (sponge iron and billet) market has recorded a rise in prices by INR 100-1,300/t, with a major hike of INR 800-1,300/t witnessed in Mumbai, Durgapur and Chennai. In addition, induction…