Author: Sagar
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Indian DRI, billet and rebar update – 25 May
Spot trades in Indian secondary steel market remained dull today and prices have declined by up to INR 1,000/t ($14) on a d-o-d basis. As per the assessment, Indian semi-finished steel offers (including sponge iron & billet) have fallen by INR 100-1,000/t with a major fall of INR 1,000/t seen in billet at Ahmedabad, Bhavnagar…