Author: Sagar
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Indian DRI, billet and rebar update – 7 May
Spot trades in the Indian secondary steel market have improved slightly with a marginal increase in price by up to INR 700/t ($10) d-o-d basis. As per the assessment, domestic semi-finished (including billet & sponge iron) offers have risen by INR 100-500/t in major markets, whereas, prices have slightly dropped by INR 100-300/t in East,…