Author: Sagar
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Indian DRI, billet and rebar update – 1 June
The Indian secondary steel market continue to find support as prices have increased by up to INR 700/t ($10) on a d-o-d basis. The semi-finished steel market (including sponge iron and billet) witnessed an upward movement in prices by INR 200-700/t across many locations. Notably, a major increase of INR 700/t was noticed in the…