Author: Sagar
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Indian DRI, billet and rebar update – 24 May
Indian secondary steel market has noticed a sharp price decline today and prices have fallen by up to INR 1,200/t ($16) on a d-o-d, basis. As per SteelMint’s assessment, Indian semi-finished steel prices (including sponge iron & billet) have dropped by INR 100-1,200/t with a major fall of INR 1,200/t seen in sponge iron at…