Author: Sagar
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Indian DRI, billet and rebar update – 14 Apr
Indian secondary steel market sentiments turned supportive in the second half today after NMDC raised iron ore prices. The steel prices have gained upto INR 1,100/t ($15) on d-o-d basis. As per the assessment, the domestic sponge iron market has noticed a boost in prices by INR 100-1,100/t with a major increase of INR 800-1,100/t…