Author: Sagar
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Indian DRI, billet and rebar update – 6 May
Indian secondary steel market has observed a price correction today & prices have declined by up to INR 1,000/t ($13) d-o-d basis. The prices are falling since past couple of days on account of limited spot trades & declining steel prices in Northern India – Punjab. As per SteelMint’s assessment, domestic billet offers have fallen…