Author: Sagar
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Indian DRI, billet and rebar update – 3 May
Indian secondary steel market has observed a price hike by upto INR 1,000/t ($14) d-o-d basis. As per the assessment, domestic sponge offers have increased by INR 300-600/t across locations. Also, billet prices have surged by INR 500-1,000 in many regions with a major hike of around INR 900-1,000/t in Raipur & Hyderabad. In line…