Author: Sagar
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Indian DRI, billet and rebar update – 5 Apr
Spot trades in Indian secondary steel market remained modest and the prices have fluctuated by INR 100-500/t today. As per market participants, disparity between bids & offers resulted in price volatility. Buyers are less interested to book material due to uncleared market trends. According to SteelMint’s assessment, the domestic sponge iron prices have marginally increased…