Author: Sagar
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Indian DRI, billet and rebar update – 27 Apr
Indian secondary steel market has noticed a price correction by up to INR 800/t ($11), d-o-d basis. As per the assessment, the domestic billet offers have fallen by INR 200-500/t, whereas, a major hike of INR 500/t was observed in Eastern India (Durgapur). Also, sponge iron prices have declined by INR 100-300/t with a sharp…