Author: Sagar
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Indian DRI, billet and rebar update – 19 May
Indian secondary steel trades remained dull today and prices have declined by up to INR 800/t ($11), d-o-d, basis. According to the assessment, Indian semi-finished steel market (including sponge iron & billet) has noticed a sharp fall of INR 100-800/t in many regions, however, a major downfall of INR 700-800/t was registered in billet at…