Author: Sagar
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Indian DRI, billet and rebar update – 14 May
Spot trades in Indian secondary steel market were dull today and the market has noticed a price correction by upto INR 1,100/t ($15) d-o-d basis. As per the assessment, domestic semi-finished offers (including sponge iron & billet) have dropped by INR 100-1,100/t in all the locations, however a major fall of INR 1,100/t was registered…