Author: Sagar
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Indian DRI, billet and rebar update – 27 May
Spot trades in Indian secondary steel market turned further subdued today and prices have fallen by up to INR 700/t ($11) on a d-o-d basis. According to SteelMint’s assessment, Indian semi-finished steel prices (including sponge iron & billet) have fallen by INR 100-800/t in many locations, however, a major fall of INR 800/t was noticed…