Author: Sagar
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Indian DRI, billet and rebar update – 16 Mar
Spot trades in Indian secondary steel market remained dull today, hence prices have declined up to INR 1,000/t ($14), d-o-d basis. As per SteelMint’s assessment, the domestic sponge iron and billet prices have dropped by INR 100-400/t with a major fall of around INR 1,000/t in billet prices in Gujarat (Ahmedabad & Bhavnagar). Also, rebar…